China’s Dashiqiao magnesia hub closes companies that fail to meet environmental standards

By Carrie Shi
Published: Wednesday, 05 September 2018

Authorities in China’s magnesia production hub of Dashiqiao have shut down 87 local companies that did not meet new environmental standards. But despite this, China’s magnesia export prices stood still on thin buying.

Local authorities in Dashiqiao city, in China’s Liaoning province, have introduced stricter regulations on local companies to make them comply with Beijing’s environmental targets, and have already closed several producers that did not meet the new standards.

The Bureau for Environmental Protection of Dashiqiao set out the new...