MONTREAL, June 2, 2014 /CNW Telbec/ - Alliance Magnesium Inc. is currently participating in the International Magnesium Association (IMA) Conference, held in Munich, Germany from June 1 to 3, 2014. This is the most important conference on the international scene, highlighting the technological advances and innovations as well as the emerging developments in the market. The conference offers technical information sessions, exhibitions and networking opportunities with leading international players in the magnesium industry.
Dr Joel Fournier, President and CEO of Alliance Magnesium, will take the opportunity to present to the industry the improved electrolysis process that can extract magnesium metal tailings while respecting energy saving requirements.
"Given the expected growth in global demand for magnesium, Alliance Magnesium intends to play an important role in the supply of metal with users. This magnesium production must go through technologies as effective as clean and as such, Alliance develops its business model in meeting technological processes vanguard and respect for the environment, " said Dr. Joel Fournier .
About Alliance Magnesium Inc.
Alliance Magnesium is a privately-owned Canadian company which has developed a patent-pending technology for the production of magnesium metal from serpentine mineral. Decades of chrysotile-asbestos mining in Canada have produced tailings of serpentine rock with 25% magnesium metal content, a highly valuable opportunity for metal extraction. This new process is an alternative to replace the Chinese Pidgeon Process, one of the main CO2 and sulfuric pollution emission source in the world due to its massive utilization of coal. Magnesium is a strategic metal for the Automotive and Aerospace industries to reduce average vehicle weight and increase fuel efficiency as well as reduce significantly greenhouse gas emissions from the automotive and transport industry. Most experts predict an increase in magnesium use in the medium term and, according to Clark & Marron, demand for the metal will grow by an average of 7.9% annually until 2019.
Alliance Magnesium has secured access to more than 400 Million Mt of tailings for its future operations. Its proprietary technology is patent-pending for 20 years protection and is an effective hydrometallurgical and electrolysis clean tech process that could bring a global paradigm shift in magnesium production, and will turn an environmental issue into an international economic success. Also see www.alliancemagnesium.com
About the International Magnesium Association (IMA) Conference
This valuable Conference will provide magnesium industry professionals with the latest information and advances on magnesium processes, applications, technology and environmental concerns. The event is aimed at primary metal producers, recyclers, foundries, users as well as suppliers to the global magnesium industry. This year's 71st edition of the international conference of the IMA is held in Munich, Germany.
SOURCE: Alliance Magnésium
For further information: Dany St-Jean, Press agent, Hansen, Cell phone: 514-212-5457, Email : [email protected]