The company reckons calculated at current market prices, the magnesium market opportunity clocks an excess of $253 billion to $297 billion.
For the scientific reader, the process involves the carbothermal reduction of magnesium oxide followed by supersonic quenching of the gas products to produce a high purity magnesium powder.
Should the planned scaling phase be finished by December, it’s likely Magnium will come rattling the tin again for the next phase.