China's DBM price edges up on magnesia industry consolidation in Haicheng
Published: Tuesday, 09 October 2018
China’s dead-burned magnesia (DBM) prices showed a slight increase due to Haicheng province's consolidation plan for its magnesia industry being moved forward.
The state-owned company Liaoning Magnesite Mining Co (LMMC),
which was set-up by the Haicheng government, will officially
begin control over all mining permits from the different
subordinate companies and activities of magnesite mining,
processing, sales and trading for 42 magnesia companies from
October 15, according to the announcement from the...