Haicheng govt progresses magnesia industry consolidation
By Carrie Shi
Published: Thursday, 13 September 2018
Haicheng's consolidation plan for its magnesia industry has made progress, with 42 companies to be consolidated at first, while magnesia prices temporarily hold steady.
Liaoning Magnesite Mining Co (LMMC) held the seventh interim
shareholders meeting on September 10, signing the cooperation
agreement to consolidate 42 magnesia companies in the local
Haicheng region.
LMMC is a state-owned company, set up by the government of
Haicheng, in China's Liaoning province, with the
aim to consolidate all magnesite...