Domestic Mg Prices Stable in April
16/05/19 | Magnesium
China Nonferrous Metals News Domestic magnesium prices climbed by 12.68% on-year to average RMB 17,031/t in April, with magnesium prices averaging RMB 17,091/t during the first four months of 2019 up 13.24% on-year. Domestic magnesium transactions were flat in April, but tightening coal supply in Shaanxi and IM have buoyed…
Fugu Shaanxi: Primary Mg Output to Reach 1 mtpy by end-2025
23/04/19 | Magnesium
China Nonferrous Metals News At present, there are 34 magnesium smelters in Fugu, Shaanxi, with a total designed capacity of 800 ktpy, of which, 650 ktpy has been completed. Fugu has been the largest magnesium producing region in the world since 2012. In 2018, a total of 370 kt of…
Domestic Mg Prices Continue to Rise
19/03/19 | Magnesium
China Nonferrous Metals News Last week (11~15 March): Domestic magnesium prices continued to rise on smelter production cuts and suspensions in Fugu Shaanxi, a major producing area, triggered by tightening local coal supply. As of 15th March, primary magnesium ingot (99.9% grade) was being quoted between RMB 17,400 ~17,500/t in…
February Domestic Mg Output at 58 kt
14/03/19 | Magnesium
China Nonferrous Metals News China produced 58 kt of primary magnesium in February 2019, showing a decline from January, chiefly due to the Yinman Mining accident in IM. Domestic magnesium prices have been hovering between RMB 16,950~17,150/t in February, with the monthly average price at RMB 17,025/t, up 13.58% on-year.…
Domestic Mg Output at 696 kt in 2018
05/03/19 | Magnesium
China Nonferrous Metals News Magnesium Branch of CNIA: China produced 695.6 kt of primary magnesium in 2018, down 21.36% on-year. Shaanxi, Shanxi and Ningxia remain the three major magnesium producers in China with output of 431.6 kt, 97.4 kt and 65.5 kt, down 9.87%, down 30.78% and down 61.58% respectively.…
Domestic Mg Prices Rebound Slightly
15/01/19 | Magnesium
China Nonferrous Metals News Domestic magnesium prices recently rebounded slightly by RMB 100~200/t. As of 11th January, primary magnesium ingot (99.9% grade) was being quoted between RMB 16,400 ~16,500/t in Fugu Shaanxi, RMB 16,600 in Taiyuan and RMB 16,700/t in Wenxi Shanxi. At present, the majority of domestic smelters are…
China Produces 633 kt of Primary Mg from Jan.~Nov.
11/01/19 | Magnesium
East Money News China produced 62.3 kt of primary aluminium in November 2018, and aggregated domestic magnesium output between January to November 2018 totaled 632.5 kt, down 22.41% on-year. Of the total, magnesium output in Shaanxi was 391.9 kt, in Shanxi 88.2 kt, in Ningxia 63.2 kt, representing a year-on-year…
Ultra-large Mn Deposit Identified in Guizhou
07/04/17 | Magnesium
Shanghai Nonferrous Metals News The national prospecting assessment of the ultra-large Pujueyinfu manganese deposit, located in Songtao Miao Autonomous County, Guizhou, has been completed, with the manganese resource of up to 203 mln t. Four manganese deposits larger than 100-mln t- have been discovered in Guizhou, with local identified manganese…
