Nevada Clean Magnesium, Inc. (TSXV:NVM; Frankfurt-M1V; OTCQB:MLYFF) (the “Company”) “) is pleased to announce preliminary “proof of concept” in the production of magnesium metal from its bench scale pilot furnace located in Northern British Columbia.
As quoted in the press release:
James Sever, COO states”It was very gratifying to have the pilot furnace operate so effectively on its initial reduction test. Not only did we produce metallic magnesium, we confirmed that the reactor concept meets the target for energy reduction. This should reduce both the cost of production and the carbon footprint of the operation. The rate of reaction brought about by efficient heat transfer to the charge was surprisingly fast indicating the potential for continuous production rather than cyclic batches. We have a great deal of work to do but the initial work substantiates our belief in this project.”