Wogen Resources signs US distribution deal with Alliance Magnesium

Minor metals trading house Wogen Resources, which has its headquarters in London, will be the sole distributor in the US market for privately owned Canadian producer Alliance Magnesium, Fastmarkets has heard.

The announcement came from Wogen director Laura Bell after Alliance Magnesium closed the funding for construction of a commercial demonstration magnesium plant in the Les Sources region, in the east of the Canadian province of Quebec, on March 13.
The smelter will have capacity for as much as 18,000 tonnes per year. It will produce primary magnesium ingots from serpentine, and secondary magnesium from recycling scraps from the metal-processing industry.

The provincial...

Published

Cristina Belda

March 24, 2020

20:15 GMT

Madrid