Brossard, Québec, Canada, January 27, 2016 – ALLIANCE MAGNESIUM INC. (« AMI ») is proud to announce that the Company has received from Canadian Intellectual Property Office a Notice of Allowance for its Canadian patent application # CA 2889797 on Hydrogen Gas Diffusion Anode Arrangement producing HCL. The Patent application relates to an hydrogen gas diffusion anode arrangement for use in electrolytic production of metals such as magnesium producing hydrogen chloride (HCl) as a by-product.
The approval of this patent application in Canada constitutes a first step of other equivalent acceptations around the world in the coming months.
“It is an essential part of the process of AMI that has been recognized as well as showing the originality and inventiveness of our technology. “Said Dr. Joel Fournier, President and CEO of the company. “We are very proud of our technical progresses, made in perfect harmony with the business model so far deployed for the referred magnesium metal production and other value added products. “
AMI currently has five patent families in its intellectual property portfolio.
About Alliance Magnesium Inc.
Alliance Magnesium is a privately-owned Canadian company dedicated to the production of Magnesium metal and other high value minerals from serpentine rock. Alliance has developed a game changing technology and process giving it a cheaper and cleaner approach from current methods used worldwide by magnesium producers. Serpentine rock contains an average of 25% magnesium metal, a highly valuable opportunity for metal extraction. The new Alliance’s process is the alternative in replacing the Chinese Pidgeon Process, one of the main CO2 and sulfuric pollution emission source in the world due to its massive utilization of coal. Alliance has elaborated a three-step development program in order to reach a 50 000 tm production of magnesium metal by 2018. Magnesium is a strategic metal for the Automotive and Aerospace industries in order to help to reduce average vehicle weight and increase fuel efficiency as well as reduce significantly greenhouse gas emissions. According to independent studies, annual demand for magnesium could grow by over 10 % until 2025. Alliance Magnesium aims at becoming one of the most important suppliers of pure magnesium metal for all major automobile and transport clients in the Western World.
For further information, please contact:
Alliance Magnesium Inc.
Senior Vice-President Corporate Affairs
Tel.: (450) 618-1658