This is the only publicly traded magnesium metal company HQ in the USA, Western Magnesium Corp!

Submitted by coolios411 t3_11eiri8 in wallstreetbets

New to Wallstreetbets, so please bare with me! This may not meet your criteria.

So check this out! As the supply of magnesium metal in the US is running thinner, keep an eye on Western Magnesium Corporation MLYF to see if it continues its uptrend as they get closer to their AGM on March 10! They will be the only magnesium manufacturer left in America after the government is working to shut down Utah based US Magnesium for being toxic and using to much water out of the Great Salt Lake! Western Magnesium uses a new clean, non-toxic, low-energy process from US dolomite for producing top grade magnesium metal for many industries, including auto, steel, aluminum, and the DOD! Magnesium metal is extremely light: it is 75% lighter than steel, 50% lighter than titanium, and 33% lighter than aluminum. It has the highest known damping capacity of any structural metal, capable of withstanding 10x more than aluminum, titanium, or steel! Many large automotive companies have already replaced steel and aluminum with magnesium in various parts of their products to lighten the load. They already own land in Nevada, where they are working to move their operations already in test production and plan to ship to ports on the west coast. Magnesium alloys are a much needed strong, light weight metal in today's industries. Just think of how much further cars, trains, & planes could go by reducing their weight from heavy metals! The US needs a clean supply of magnesium and magnesium alloys from here at home and not rely on other dirty processes in countries like China.

If you want to find out more about Western Magnesium check out www.westernmagnesium.com

Thank you for reading my post!

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VisualMod t1_jae8hib wrote

>Thank you for your input. I will certainly keep Western Magnesium Corporation on my radar.

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teuphilde t1_jaeqz5j wrote

Hmm does the ticker sound like MILF to you other guys aswell?

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xsamgodx t1_jaeaamo wrote

who do you work for?

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johncjabbers t1_jae9cy4 wrote

Fuck off with this pump and dump bullshit. You’re not fooling anybody.

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DangerStranger138 t1_jaeclk9 wrote

Definitely gonna put Western Magnesium Corp on my yahoo finance watchlist.

^(I think) r/Stocks ^(and) r/Economy ^(would love this discourse idk.)

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VisualMod t1_jae8gx7 wrote

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Hey /u/coolios411, positions or ban. Reply to this with a screenshot of your entry/exit. >TL;DR: Western Magnesium Corporation (MLYF) is a company to watch as the supply of magnesium metal in the US runs thinner. They are the only magnesium manufacturer left in America and are using a new, clean process to produce top grade magnesium metal. Many large automotive companies have already replaced steel and aluminum with magnesium in various parts of their products to lighten the load.

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