China's magnesia industry consolidation stagnates

By Albert Li
Published: Friday, 17 November 2017

China's plan to reduce and consolidate the number of magnesia producers has hit an impasse with questions over funding and share-ownership, sources say.

China's magnesia market is going through great changes this year, with the scrapping of the export quota and tax on January 1, a shortage of raw material, strict environmental protection inspections and a ban on the use of dynamite in mining activities, climaxing with the consolidation plan announced by Haicheng...

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