Marubeni invests C$16.7 million in Alliance Magnesium

Alliance Magnesium Inc. announced that Marubeni Corporation will invest C$16.7 million in common shares to finance the commercial production demonstration phase (phase 1) of its magnesium production project in Danville, Quebec. Construction of phase 1 will begin in 2020.

“We are honored to have Marubeni join our major industrial project.”newswire.ca

• 1 source
• newswire.caNew strategic partner - Marubeni joins Alliance MagnesiumAlliance Magnesium Inc.Dec 13, 2019

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