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Magnesia pricing news

  • May 2017

    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.

  • 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.

  • 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.

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