Western Magnesium Corporation (CVE:WMG) (OTCMKTS:MLYF) (FRA:3WM), which wants to be a producer of eco-friendly and high-quality magnesium, updated Wednesday on the progress of construction at its commercialized pilot plant.
Industrial construction is ongoing and progressing well, with no incidents to report, the company said in a statement.
READ: Western Magnesium announces an increase to the totals raised in the close of the first tranche of its non-brokered private placement
The company’s research has led to a proprietary technology, which can generate magnesium metal with low labor, high automation, low energy and zero toxic by-products and waste.
It outlined the following items associated with the plant, which have now been completed:
- A state-of-the-art security, access, and networking system has been installed in the building and is functioning well;
- In January this year, the initial training of 11 new operations personnel was completed; and
- Full staff occupancy has begun, now that workspace facilities such as showers, washrooms, and breakroom facilities have been completed.
The company added: “Management continues to monitor the impact and any delays that may result from the ongoing and everchanging global environment. We continue to adjust to new rules and regulations during the buildout of our plant. Industrial construction is ongoing and progressing well with no incidents to report.”
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