
Competitive Advantages
MagMetals magnesium project has an advantage over many of the various suppliers worldwide, because it’s a subsidiary of MagIndustries, it can fully take advantage of the resources in its proximity.
- Low-cost energy (hydroelectricity and natural gas) that typically comprises 35% of the cash operating costs of magnesium.
- License to implement commercially proven electrolytic extraction technology developed by Hydro.
- Ready access to a magnesium-rich waste stream from MagMinerals’ potash plant. (MagMinerals will carry-out brine mining of underlying carnallite beds)
- Proximity to a rail-side industrial site near Pointe-Noire, one of West Africa’s best deep water ports which will facilitate both construction and product shipping.
- Experienced team of consultants and engineers with outstanding magnesium expertise and technical background throughout the entire process.
The global interest in resource development and international support for new African development initiatives will help focus attention on this important industrial project – while exploring the further opportunities it can provide.