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Any good U.S. based magnesium companies to buy into?
Posted on 10/22/21 at 11:31 am
Posted on 10/22/21 at 11:31 am
Seeing that China shut down almost all their magnesium production, are there good US magnesium companies that could see a boom from this? Not a familiar territory for me
2
Posted on 10/22/21 at 12:06 pm to deltaland
Western Magnesium Corporation (MLYF)
Best I can find.
Best I can find.
Posted on 10/22/21 at 1:35 pm to tenderfoot tigah
CNBC talking about mag shortage now.
Posted on 10/22/21 at 2:00 pm to FMtTXtiger
How about AMYZF?
Posted on 10/22/21 at 2:30 pm to RedHawk
AMYZF looks to be manganese which is totally different from magnesium.
This seems to be the only play in the North American magnesium industry: Western Magnesium Corp.
This seems to be the only play in the North American magnesium industry: Western Magnesium Corp.
Posted on 10/22/21 at 2:42 pm to Buck_Rogers
I can’t find MLYF (western magnesium) on Robinhood.
Posted on 10/22/21 at 8:36 pm to deltaland
It's on Fidelity.
Posted on 10/22/21 at 8:45 pm to deltaland
It’s OTC - Robinhood doesn’t usually trade those.
Posted on 10/22/21 at 10:17 pm to deltaland
Been talk of Lanxess extracting magnesium from Smackover brine. Not sure if it's time in to SLI's lithium extraction, but one of the obstacles to extraction is the high magnesium content. Something to keep an eye on.
Posted on 10/23/21 at 7:43 am to SmackoverHawg
I was thinking that exact thing when reading about the magnesium issue the last few days. If lithium can be extracted, what's keeping the technology from being used with different catalysts and reagents to select for different materials. I'm sure it's slightly more complicated, but it can't be that far fetched.
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