Exciting news, everyone! We have just locked in Sarawak State, Malaysia, as the location for our Stage 3, 100,000 tonnes per annum plant with net-zero potential! One major factor in choosing the Samalaju Industrial Park was due to the availability of abundant hydropower, which will allow us to produce magnesium metal with net-zero emissions using 100% renewable power. Read more about the location in this Proactive article: https://bit.ly/3L3GDnn We're thrilled to be taking a major step towards sustainable and responsible manufacturing. Stay tuned for updates on our progress!
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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