Market fears rise in prices as Liaoning stops magnesite mining

By Davide Ghilotti, Carrie Shi
Published: Tuesday, 17 April 2018

A sudden government-ordered halt to magnesite mining in China’s main magnesia-producing province has triggered a rise in domestic prices, with exporters planning to raise export prices if the restriction continues.

Market participants are concerned over a new squeeze in the supply of China-origin magnesia after authorities prohibited all magnesite mining in Liaoning province, the country’s leading producing region for the mineral, Industrial Minerals has learnt.

Several producers in contact with Industrial Minerals have confirmed that they stopped magnesite mining...

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