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Enter Symbol
or Name
USA
CA



Nevada Clean Magnesium Inc
Symbol NVM
Shares Issued 143,651,450
Close 2014-07-18 C$ 0.065
Market Cap C$ 9,337,344
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Nevada Clean receives final designs for Tami furnace

2014-07-21 12:23 ET - News Release

An anonymous director reports

NEVADA CLEAN MAGNESIUM RECEIVES FINAL DESIGNS FOR PILOT REDUCTION FURNACE FOR TAMI-MOSI PROJECT IN NEVADA

Nevada Clean Magnesium Inc. has received the final designs for the pilot reduction furnace from Silvertip Design NW for the company's Tami-Mosi magnesium project.

Based on the design, the furnace will be capable of producing up to one kilogram of magnesium by the reduction of dolime with ferrosilicon. A test program using this furnace will provide direct assessment of the performance of the dolomite and ferrosilicon intended as raw materials in the final operation; magnesium metal for assessment by potential users; dicalcium silicate (a waste stream) for assessment as a co-product; and residual ferrosilicon for assessment as a co-product or as a recycle material for lower cost production of 75 per cent ferrosilicon feed for the magnesium reduction furnace. Process control parameters defined by the operation of this bench-scale furnace will be used in the design of the pilot plant and in preparation of bankable documentation required for financing development of the full plant.

The company is currently awaiting quotes for the fabrication of the furnace, and sourcing is under way to identify adequate locations to conduct the testing.

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