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Magnesia latest news

  • August 2017

    European fused magnesia prices grow over 50%

    30 August 2017

    The latest surge in prices follows extreme tightness in availability of material from European producers, and compounds the shortage seen in China.

  • Indian mineral index flat in June

    23 August 2017

    Monthly production of chromite, limestone, magnesia and bauxite all decreased, while limestone, zinc and lead concentrate rose.

  • Vesuvius to supply casting equipment to ThyssenKrupp’s Brazil site

    21 August 2017

    The ladle tube changer will connect ladle and tundish casting stages at thyssenkrupp CSA’s facility, removing the need for workers to operate near the molten metal and making the casting process more automated.

  • Puyang Refractories ups H1 profits but warns of more disruptions

    16 August 2017

    The refractory products maker saw higher revenue and profits in the first half of the year, but warned that volatility in magnesia prices and supply can lead to further disruptions.

  • Magnesia prices rise as environmental focus back on Liaoning

    15 August 2017

    Prices of fused magnesia and dead burned magnesia rose again over the past week as the attention of the central government returns to Liaoning, where environmental inspectors found numerous irregularities that local authorities must now rectify.

  • Magnesita posts higher H1 revenues but swings to net loss

    14 August 2017

    The refractory maker posted record sales of dead burned magnesia but a combination of higher costs and negative exchange rate effects, as well as expenses related to the ongoing merger process with RHI, affected profitability.

  • China tax evasion clampdown leads to wave of arrests

    14 August 2017

    Several refractory minerals suppliers alleged to have committed tax evasion have reportedly been arrested in China, with many wary of Beijing’s clampdown on the practice warning that there could be more prosecutions.

  • Chinese fused magnesia exports drop in June

    08 August 2017

    FM shipments marked a first turning point after months of record-high increases, while DBM exports are starting also to edge downward and CCM continues to grow.

  • MTI boosts profits in H1

    04 August 2017

    The minerals and technology supplier saw higher demand for calcium carbonate in China, flat mineral sales and lower activity in the refractories space, but managed to improve margins.

  • Martin Marietta Q2 profits grow further on construction recovery

    03 August 2017

    Demand from the residential housing end markets increased almost 15% in the quarter as a number of southern US states continue to drive the recovery in the construction sector.

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