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Magnesia features

  • May 2017

    China cut 31.7m tonnes steel capacity by early Q2

    26 May 2017

    China has already cut 31.7m tonnes of steel capacity by early Q2 and the government said it is on track to achieve the full-year target.

  • Price briefing 19-25 May

    26 May 2017

    Mineral sands producer Iluka raised zircon prices; while ilmenite and rutile prices held firm; China Southern Rare Earth Group Co. unveiled another round of price hike; Magnesia prices unchanged as Chinese government sets new environmental standards; Galaxy Resources complete 2016 offtake spodumene sales

  • Chinese magnesia industry must meet new standards or face shutdown

    26 May 2017

    All magnesia companies in Yingkou city must comply with new environmental standards by 30 September, as part of Beijing’s drive to reduce pollution. Producers which failed to meet the strict environmental standards will be shut down.

  • Price briefing 12-18 May

    19 May 2017

    The ongoing draconian anti-pollution controls in China continue to disrupt production in a number of minerals, which has lifted prices in bauxite and antimony trioxide. Meanwhile, fused magnesia is no longer available in China; producers announced another rare earth price hike; chromite and silicon carbide prices remained stable; and lithium carbonate spot have risen in China again.

  • No fused magnesia available in China’s Liaoning

    17 May 2017

    The spate of environmental controls and temporary closures of plants in the province have resulted in a clearance of stockpiles of fused magnesia which, with no production taking place, is now sold out.

  • Deyang completes inspection on local refractories plants

    15 May 2017

    Three refractories manufacturers based in the city have carried out an upgrading process of local operations to comply with the stricter environmental norms.

  • Beijing Lier returns to profitability in 2016

    15 May 2017

    China’s largest refractory contractor to the steel sector returned to profitability after a net loss the previous year, as turnover posted a single-digit increase.

  • Higher steel activity supports Magnesita’s Q1 sales

    11 May 2017

    The Brazilian company saw improved revenues for refractories sales to steelmakers and industrial customers, while raw material turnover surged.

  • Revenue, profits grow for RHI in Q1

    11 May 2017

    Higher sales in both steel and industrial divisions led to growth in RHI's revenues and profits. Control clearance is now in the works in Brazil and Europe as part of the merger process with Magnesita.

  • Price briefing 28 April – 4 May

    05 May 2017

    Chinese magnesia output disruption worsens; fresh mining restrictions lift bauxite prices; brown fused alumina remains unchanged but raw material cut could support prices.

  • China Q1 magnesia exports hit record high as values plunge

    05 May 2017

    Following the cancellation of the export tax on magnesia at the start of the year shipments from the country have continued to increase with CCM and DBM export volumes hitting record highs in March. The average value or price of magnesia exported, meanwhile, continues to decline.

  • Construction boosts Q1 sales for Martin Marietta

    03 May 2017

    Higher demand for aggregates was seen in southern US states, as sales of cement and building materials were supported by the strengthening of construction and infrastructure across the country – a driver that the company believes will persist in the coming months.

  • Chinese magnesia production disruption worsens

    03 May 2017

    Almost all magnesia producers in Haicheng and Dashiqiao are currently shut amid ongoing environmental controls; while European magnesia prices are stable market participants are wary of impact to the market should the situation in China persist.

  • April 2017

    Flat glass, construction drive Saint-Gobain’s Q1 sales

    28 April 2017

    The company saw improvement in sales in all geographical areas and divisions, and expects further growth in construction in emerging and developed markets during 2017.

  • Brazil doubles magnesia exports in Q1

    27 April 2017

    Exports more than double in Q1; US demand still strong; Trade value surge

  • China’s refractory customers show strength in 2016, but refractories output falls

    27 April 2017

    Downstream markets record growth; Refractories export value down

  • Cracking under pressure? Glass markets in Europe

    27 April 2017

    The global economic downturn and the subsequent lull in construction has taken its toll on the global float glass market. Now however, as Sarah Gibbons and Liz Newmark discover, the industry is looking to a brighter future - despite there still being challenges for producers and the raw material markets which supply them.

  • IM's April Price Movements

    27 April 2017

    IM's monthly price movements.

  • Is India’s glass industry broken?

    27 April 2017

    Low per capita glass usage has marked India out as a major potential growth market for glass minerals, but so far this projected expansion has failed to materialise. Sunder Singh, IM Correspondent, looks at how geographical concentration and pressure from imports are hampering India’s domestic glass industry.

  • Progressing global lithium projects

    27 April 2017

    After a couple of fallow years when there was insufficient investor interest to take projects forward, last year’s surge in lithium prices and projections for battery demand growth has given a boost to new and dormant lithium developments around the world. Cameron Perks, IM Correspondent, looks at some of the most advanced operations.

  • Ringfenced: Will traditional lithium users be left behind?

    27 April 2017

    With almost every new and established lithium producer choosing to focus on supplying the lucrative battery market, Rose Pengelly, IM Correspondent, looks at whether traditional industrial lithium consumers in the glass and ceramics industries risk being left behind.

  • Roll up: Borates - an oligopoly with little room for change

    27 April 2017

    With the downturn in construction, demand for the group of minerals known as borates has been sluggish over the last few years. However, as glass markets start to pick up and producers look to diversify their products to meet growing demand in new regions such as Asia Pacific, this market looks set for a second wind, Siobhan Lismore-Scott, IM Consultant Editor, finds.

  • The ins and outs of China’s lithium industry

    27 April 2017

    Chinese lithium demand is ballooning on the back of steep rises in demand from the electric vehicle and battery sectors, but despite having rich domestic lithium reserves, the country continues to rely heavily on imports and is worried about where future supply will come from, Albert Li, IM Correspondent, writes.

  • Surging freight rates in Asia push mineral shipping costs higher

    25 April 2017

    Rising freight rates in Asia continued to lift transportation costs for a number of industrial minerals from China, with buyers telling IM that vessel space is limited despite the higher cost.

  • Puyang Refractories reports steep loss in 2016

    24 April 2017

    The Chinese company posted a drop in profits exceeding 300% owing to an underperforming steel market and lower demand from cement makers, while the raw materials divisions performed better.

  • Zibo to halve refractory capacity in transition plan

    24 April 2017

    The aim of the governmental initiative is to boost production of high-value materials while, at the same time, keep a close eye on companies’ tax payments and environmental practices.

  • Chinese state agencies co-operate to combat tax evasion, minerals smuggling

    21 April 2017

    Following an announcement by the Chinese tax authority to clamp down on import and export checks on 20 April, three different government bodies have signed an information sharing agreement as part of Beijing’s intensifying efforts against illegal smuggling activities and tax evasion.

  • Yingkou to control magnesite mining volumes

    21 April 2017

    The magnesia-producing city wants to consolidate the local industry while, at the same time, clamp down on pollution and overcapacity.

  • China clamps down on tax evasion

    21 April 2017

    Beijing has intensified efforts to clamp down on tax evasion on industrial minerals imports and exports to and from China.

  • Indian mineral index grows 3% in February

    21 April 2017

    Larger output of coal boosted the index for the month, as well as industrial minerals including bauxite and chromite.

  • Price briefing 7-13 April

    13 April 2017

    Chemical grade chromite prices declined; Chinese fused magnesia prices increased; Chinese producers raised offer prices for antimony trioxide; and China's largest rare earths producer hiked its prices for the fourth time in 2017.

  • Fused magnesia prices increase in China

    12 April 2017

    Intermittent production issues are starting to have an effect on Chinese export prices for fused magnesia, while caustic calcined and dead-burned magnesia are holding for the moment. Meanwhile demand for European material is on the rise, according to market participants.

  • Brazil doubles magnesia exports in Q1

    10 April 2017

    Volumes of fused, caustic calcined and dead burned magnesia shipped abroad by Brazilian exporters more than doubled in the first quarter as US demand continues to fare strongly.

  • Pricing notice: Magnesia FOB China prices updated online

    05 April 2017

    Please note that due to a technical issue Industrial Minerals' FOB China magnesia prices were not published on 4 April 2017.

  • Life after steel: Is there more for magnesia?

    03 April 2017

    The global steel industry may have taken a turn for the better, but refractory magnesia continues to face oversupply. Cameron Perks, IM Correspondent, looks at why the decline of magnesia’s largest end market is failing to deter new entrants to the sector.

  • China’s magnesia industry: Changing or reforming

    03 April 2017

    China’s refractory magnesia sector has been nominally targeted for reform by the country’s government for a number of years, but while change in the industry is evident, Albert Li, IM Correspondent, considers whether these amendments are for better or worse.

  • IM's March Price Movements

    03 April 2017

    IM's monthly price movements.

  • Kümas – ready to rumble

    03 April 2017

    With one eye fixed on China and the other on its internal investment programme, Turkish refractories supplier Kümas is positive the magnesia market will bounce back.

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