Armenian scientists are working on the new technique to produce magnesium.

According to Vagan Lalayan, the head of the Ministry of economical development and investments department of investment policy, their partner is the Ecoatom company.

“The company wants to construct a works to produce 1 thousand tons of magnesium per year. There are many ways to obtain magnesium, but what our scientists suggest is much more efficient. The cost of the investment program is $6 million, with profitability of 18%”, he said. (Ukrainian metal)

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