Magnesia features

  • August 2015

    Energy, mining and magnesia – a look at the industry’s power needs and uses

    26 August 2015

    Global energy sources are evolving and minerals are bound up with this shift, both as users of power and as raw materials used in its extraction and generation. Vasili Nicoletopoulos* takes a look at the world energy market and discusses the place of the magnesia industry within this changing landscape.

  • Global resources and production of magnesite

    26 August 2015

    Although prices and demand for magnesia are dwindling in line with slowing worldwide consumption of refractories, Ian Wilson*, Consultant, discusses how new high purity sources of magnesite are being developed to target markets that require the best quality material.

  • Cofermin Group: Trading confidence

    26 August 2015

    Essen, Germany-based Cofermin’s dispersed yet nimble network of operatives can expand the market reach of suppliers and multiply sourcing options for buyers of speciality minerals. With the recent launch of two new businesses, the group is delving into even more niches than it was in before. Cofermin spoke to IM how people are at the heart of its reputation for transparency, efficiency and trust.

  • URC: A private eye on global refractories

    26 August 2015

    While some refractories producers are seeing revenue decline, Pittsburgh, US-headquartered United Refractories Co. is maintaining its sales. Kasia Patel, North American Editor, spoke to the company about its strategy of creating new product blends according to customer requirements and remaining diverse in a number of markets.

  • Magnesita’s Q2 sales buoyed by favourable currency effects

    26 August 2015

    Chinese imports squeeze mature steel markets, while minerals revenue's have been boosted by sinter sales. Talc income was however knocked by weak Brazil auto demand.

  • RHI posts solid first half earnings but revises down H2 guidance

    26 August 2015

    India and South America bright spots for steel; Industrials benefit from postponed repairs. The company's second half outlook adjusted on China concerns.

  • Vesuvius profits dip 6% in declining steel market

    26 August 2015

    Drop in US steel output hits revenue, with a focus on services to shore up manufacturing. No mention of Morgan takeover, which has been dropped from plans.

  • Firing up the old with the new: Preparing refractories for the future

    26 August 2015

    A strong US dollar, China’s economic slowdown and environmental issues are just some of the challenges that today’s refractories producers are having to contend with. Liz Gyekye, Chief Reporter, looks at what companies in the sector are doing to stay ahead of the game.

  • Ports on Europe’s inland water superhighways up their game

    26 August 2015

    Duisburg-Antwerp shuttle gets new backing; Hafen Wien looks to become Danube hub; Kosice-Vienna line to boost rail freight to Asia.

  • IM Prices September 2015

    25 August 2015

    Fused magnesia prices slip from H1 levels while bromine prices lift off.

  • Chinese soda ash: Mission creep

    25 August 2015

    Rising supply and contracting domestic demand for Chinese soda ash is upping the rate of overspill into exports. Laura Syrett, Acting Editor, looks at how this trend is threatening the market share of other exporters, including the highly influential North American trade body, ANSAC.

  • IM September Price Movements

    24 August 2015

    IM's full price listing for September 2015.

  • IFGL’s Chinese subsidiaries resume operations in Tianjin one week after blast

    19 August 2015

    Activity at India-based IFGL’s China-based companies has restarted at Tianjin port, exactly one week after explosions ripped through the town, killing more than 100 people and disrupting businesses.

  • K+S signs exclusive agreement supply Koch with Legacy potash

    19 August 2015

    K+S, which recently rejected PotashCorp.’s takeover bid on the basis that it undervalued its business and Legacy project in Saskatchewan, has signed an agreement with Koch to supply it with 453,000 tpa potash from the project, with production expected to begin in 2016.

  • MGX closes final tranche of private placement for Driftwood magnesia plant

    17 August 2015

    The company’s Driftwood magnesia facility has been given a shot in the arm from the $111,000 financial boost for its project, which will help it to fund plant equipment.

  • Magnesita’s Q2 sales buoyed by favourable currency effects

    14 August 2015

    The Brazilian refractories producer has managed to boost sales amid lacklustre steel activity. The firm’s refractories and industrial minerals divisions have contributed significantly to its sales increase.

  • Tianjin explosion may affect industrial minerals exports

    14 August 2015

    The blast which has left 50 people dead has disrupted the operations of iron ore exporters and Indian refractories manufacturer, IFGL Refractories, and could also affect trading of rare earths, graphite, metspar, kaolin and bentonite, among other minerals.

  • Opportunities in fracking water treatment remain despite oil price drop

    12 August 2015

    According to a report from Lux Research, although fracking activity – which uses a large amount of water – has declined, the industry still presents ample opportunity for water management companies willing to come up with new solutions. Among the minerals used in water treatment that could benefit from this are alumina, magnesium hydroxide and lime.

  • RHI posts solid H1 2015 results but adjusts down second half guidance

    06 August 2015

    A weak euro, strong US dollar and a robust steel division contributed to the Austrian refractories producer’s positive H1 results. However, RHI is worried about overcapacity in the Chinese steel industry and labelled its export strategy aggressive. This is leading to high pressure on steel prices and has driven the firm to adjust its outlook for the second half of 2015.

  • Shinagawa fiscal year profits rise 39% due to strong steel demand in Japan

    06 August 2015

    The Japanese company has dodged the bullet that has hit other refractories producers who rely on the steel market, posting solid fiscal year results. There is strong domestic demand for its products, as the steel sector picks up in Japan, due to the forthcoming 2020 Tokyo Olympics. The firm has also been helped by reconstruction activity following the country’s earthquake of 2011.

  • Martin Marietta’s magnesia arm posts low Q2 sales due to weak steel sector

    04 August 2015

    The company’s speciality materials arm, which encompasses its magnesia business, is sensitive to changes in domestic steel capacity. As a consequence, low demand from the steel sector has caused the firm to record a dip in sales.