Salt Lake Mg Achieves Breakthrough in Anhydrous Mg Chloride Electrolysis
02/05/25 | Magnesium
Since January 4, 2025, the melting and purification furnace has operated continuously for 118 days, producing 1,261 t of molten magnesium chloride at a 99.12% recovery rate with MgO content under 0.06%. Multipolar Electrolysis System No. 4 has produced 292.705 tons of magnesium over 80 days with purity above 99.95%.
Magnesource Power to Build 10 kt Mg-Based Hydrogen Storage Line in Anhui
08/04/25 | Magnesium
Shanghai Magnesource Power Technology Co., Ltd. has completed a major equity financing round to support construction of a 10 ktpy magnesium‑based hydrogen storage material and equipment production line in Anhui. The company has also established a 100 toy high‑purity magnesium hydride production line in Zhejiang.
Domestic Mg Production at 87 kt in January 2025
21/02/25 | Magnesium
China Nonferrous Metals News Magnesium Branch of CNIA: During January 2025, China produced approximately 87 kt of primary magnesium, a y-o-y increase of 13.3%. Shaanxi contributed 54 kt, up 16.1%, while the Shanxi region produced 18.6 kt, up 3.9%. The domestic magnesium price fluctuated between RMB 16,100 ~16,400/t in January,…
China Exports 18.77 kt of Mg in April
24/05/24 | Magnesium
Shanghai Nonferrous Metals News SMM: China exported 18.77 kt of magnesium in April 2024, down by 38.1% m-o-m, led by delayed deliveries from traders and weaker overseas demand during the month. Some traders failed to deliver previous orders when magnesium prices soared rapidly in April.
Jinchuan Mg in Fugu Suspends Operation
24/05/24 | Magnesium
Asian Metal News Fugu Jinchuan suspended magnesium smelting on 21st May to carry out some pipe work and is set to resume in late May, ramping up operations to 80 t per day afterwards. Designed with 25 ktpy capacity, the company produced 800 t of magnesium in April and expects…
Shaanxi Zhongxin Resumes Mg Production
19/04/24 | Magnesium
Asian Metal News Shaanxi Zhongxin suspended magnesium smelting on 26th March 2024 to carry out maintenance on semi-coke making and desulfurizing equipment. The company is set to resume operations on 21st April after the maintenance is complete and expects daily production at around 30 t with the possibility of ramping…
Two Shenmu Mg Smelters Cut Production
22/03/24 | Magnesium
Asian Metal News Shenmu Moyuan Dingtai magnesium smelter plans to cut magnesium production by 70% decreasing its daily production to 15 t in late March. The company expects 1.3 kt of magnesium production in March and 450 t in April. Shenmu Xinqing magnesium smelter cut its daily magnesium production from…
CITIC Securities: Global Mg Demand to Rise to 2.3 mln t in 2030
28/02/24 | Magnesium
Shanghai Nonferrous Metals News The trend of automobile light weighting is expected to result in continued growth of magnesium applications for vehicles. The outlook for magnesium building templates and magnesium-based hydrogen storage is also promising. The current price ratio of magnesium to aluminium has dropped to around 1.1, good for…
Domestic Mg Prices Continue to Slide
26/02/24 | Magnesium
Asian Metal News Domestic magnesium prices have been hovering at low levels recently and were down by RMB 300/t early last week. As of last Friday, mainstream magnesium prices stood at RMB 19,600~20,000/t ex-works in cash, continuing the downward trend. Industry commentators forecast prices to remain stable at low levels…
