Magnium Australia raises for CSIRO-developed tech


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.



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