Team addition sets the stage for commercialization of revolutionary, clean technology as Odle brings decades of Metallurgical Engineering experience to the Company
NEW YORK, NY -- August 15, 2019 -- InvestorsHub NewsWire -- Western Magnesium Corporation (TSXV: WMG; Frankfurt-M1V; OTCQB: MLYF) (the "Company" or "Western Magnesium") announced today the appointment of Robert R. Odle, Ph. D. as Chief Process Engineer.
Dr. Odle brings over 50 years of experience in chemical and metallurgical processing, hazardous metal wastes and materials, metal contamination and corrosion engineering to Western Magnesium.
As Chief Process Engineer, Dr. Odle will manage Western Magnesium's technical operations and direction, including execution of the company's research and development programs supporting its proprietary technology for the production of low-cost, green magnesium metal.
"For the past decade, our team has been developing a new, continuous magnesium production method that's scalable, flexible and rapidly deployable compared to existing methods," said Sam Ataya, CEO of Western Magnesium. "The addition of Dr. Odle's extensive magnesium process experience and expertise mark another step toward commercialization and significantly strengthens our research and development to create a cornerstone industry spurring innovation in the automotive, aerospace, defense and other manufacturing industries."
Dr. Odle is a recognized expert in the area of magnesium extraction and processing with a number of patents and publications to his credit. Prior to his role with Western Magnesium, he worked in North America and internationally for more than 20 years on numerous magnesium projects. Dr. Odle has served as an expert witness and held various senior engineering positions, i.e. Principal Process Engineer with Fluor Daniel. He received his Ph.D. in Metallurgical Engineering from Ohio State University.
About Western Magnesium
Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and lightweight. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labor and energy costs relative to current methods and processes, while being environmentally friendly.
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements in this news release include that we will conduct and close a private placement and that we can become a major U.S. producer and distributor of primary, high grade, low cost magnesium metal. Actual results may differ materially from those currently anticipated due to a number of factors, including the Company's dolomite reserves may not be mined because of technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic, we may not be able hire and retain skilled employees, and other risks associated with being a mineral exploration and development company. We may not be able to close with interested investors on our intended private placement because of perceived risks or market conditions. The Company undertakes no obligation to update forward-looking information except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional information please visit our website at www.westmagcorp.com
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