MagIndustries Corp. ("Mag" or the "Company") (TSX:MAA) is pleased to announce
that it has received final approval of its Environmental and Social Impact
Assessment study ("ESIA") for the construction of its Mengo potash project (the
"Project") from the Ministry of Sustainable Development, Forest Economy and
Environment ("MSDFE") of the Republic of Congo ("ROC").


On February 18, 2010, Minister Henri DJOMBO of MSDFE informed the Company it has
been given approval to carry out activities that will lead to the exploitation
of the potash at Mengo under authority of Ministerial Order n degrees
883/MDDEFE/CAB. This authorization is valid for a period of three years and will
be able to be renewed at the time the Project begins to operate.


MagIndustries President and CEO Bill Burton commented, "Receiving environmental
and social approval from the Government of the Republic of Congo represents
another major step in the Company's development and construction plans. Our
positive relationship with the ROC, the improving global investment environment
and increasing potash demand and pricing are all key factors as we work towards
the goal of full construction start-up later this year. We would like to
acknowledge the encouragement and support we have received for this project from
the ROC Government."


The approval was granted based on the ESIA Study that was prepared and filed
with MSDFE by the Company's subsidiary MagMinerals Potasses Congo SA ("MPC") and
follows the temporary authorization which was granted on August 10, 2009 by the
Ministry of Tourism and Environment. The documentation is available on the
Company's website: http://www.magindustries.com/innerpage.aspx?pageid=167


Milestones Achieved

Over the last year two years, the Company announced several key developments
that have significantly advanced the Project towards the goal of construction
start-up in November of 2010.




--  Feasibility Study - In February 2008 SNC Lavalin completed the
    Feasibility Study 
--  Mining Permit - In April 2008 the Company was granted a 25 year mining
    permit for the Project 
--  Updated Reserve & Resource Estimate - In August 2008 MagMinerals Inc.
    filed a National Instrument 43-101 report for the Mengo Permit Area,
    prepared by ERCOSPLAN Ingenieurgesellschaft. The report was updated in
    June 2009. 
--  Potash Investment Agreement - In December 2008 the Company signed a
    comprehensive agreement with the government of the ROC, referred to as
    the Potash Investment Agreement ("PIA"). The PIA addresses all aspects
    of the Project, including key fiscal and development terms. The
    agreement is pending the final approval by the ROC Government. 
--  Gas Supply Agreement - In March 2009, the Company signed a gas supply
    agreement for the Project. 
--  Significant construction progress - The Company has focused on
    completing construction tasks key to keeping the construction time as
    short as possible. These have included: 
    --  Completing the first 25 production wells, which represent half of
        the wells required for the start of solution mining operations to
        support the first phase 600,000 tonne/year potash plant. 
    --  Installing 11.2 kilometers of 16" gas pipeline, representing 40% of
        the total pipeline distance required to bring gas to the Mengo plant
        to support both the processing and energy requirements of the potash
        plant. 
    --  Basic engineering is 80% complete for the current design of the
        first phase. 
--  Key Financing Framework - In January 2010 the Company signed a financing
    framework with the China National Complete Plant Import & Export Company
    Limited ("COMPLANT"). This Framework details the steps and key business
    points of a $1.2 billion debt financing for the Project, as well as an
    option for COMPLANT or its nominee to acquire a 50.1% interest in MPC. 



Once operational, the Project is expected to be the world's first new entrant
into the potash industry with little new supply forecasted over the next five
years. Additionally, the Project's feasibility study forecasts that the FOB
potash costs will be amongst the lowest in the world.


About MagIndustries Corp.

MagIndustries is a Canadian company whose common shares are listed on the TSX
and trades in Canadian currency under the symbol "MAA". The Company has
360,532,462 shares outstanding on an undiluted basis. MagIndustries' resource
subsidiaries are operating and developing major industrial projects in the
Republic of Congo and the Democratic Republic of Congo. More information on the
Company is available at its website, www.magindustries.com.


Except for historical information, this press release contains forward-looking
statements, which reflect the Company's current expectation regarding future
events. These forward-looking statements involve risks and uncertainties, which
may cause actual results to differ materially from those statements. Those risks
and uncertainties include, but are not limited to, changing market conditions,
and other risks detailed from time-to-time in the Company's ongoing filings. We
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
In light of these risks, uncertainties and assumptions, the forward-looking
events in this press release might not occur.


Cusip: 55917T 102
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