Magnesia latest news

  • October 2014

    Imerys stick to guns in Q3 results, underline commitment to ceramic proppants

    31 October 2014

    As the world’s leading producer in many industrial minerals industries, Imerys results are always a good indication of the state of the market. These are strong results —with the exception of fused minerals, which have yet to pick up — showing that new areas of growth, such as talc in polymers in automobiles and lithium-ion batteries, are starting to affect even traditional producers.

  • MGX to complete permits and testwork for its Canadian magnesite deposit

    30 October 2014

    By engaging Moos Mountain Technical Services to prepare an application for mining permits and Kemetco Research to conduct advanced metallurgical studies, the Canadian junior is speeding up its plan to bring its Driftwood Creek magnesite project into production.

  • China’s refractory consolidation: a year on

    29 October 2014

    Chinese refractory industry consolidation continues and expands; MTI denies rumours about Minteq’s plant closure; RHI halts acquisition of a magnesite plant in Turkey; QMAG cuts personnel at its magnesite mine in Australia;

  • Better times ahead for refractories?

    29 October 2014

    Optimism industry has returned to growth; European market too mature to expand far.

  • Aachen 2014: Refractories face evolutionary growth path to 2020

    29 October 2014

    Steel makers target higher quality, lower volumes; Manufacturers urged to adapt to changing needs

  • Martin Marietta Materials post higher Q3 sales in magnesia business

    29 October 2014

    A rise in sales in the company’s specialty products business demonstrate that demand continues to grow for the company’s magnesium hydroxide products, although it indicated that its bottom line was affected by higher natural gas prices — which has impacted operations in industrial minerals on a global scale — and a kiln outage.

  • Report uncovers high level of magnesia pollution in China’s Liaoning Province

    27 October 2014

    Environmental issues are now very much part of the conversation now in China, with headlines in newspapers first awakening public consciousness to the problems seen in remote areas to the population around three years ago. Since then, and following a public outcry, the refractories industry has pledged to clean up its act.

  • Vesuvius retains FY 2014 position, despite softer foundry, steel, market

    24 October 2014

    Vesuvius has outlined the challenges it — and other refractories producers — are facing: bearish foundry markets and low capacity utilisation in steel. However, its belief in its strategic model and its high value products means it will likely retain its position as the leading refractories producer.

  • China discusses magnesia market and 2015 quotas

    21 October 2014

    Following the meeting held by China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters, the government will plan 2015 export quotas for Chinese magnesia producers, in view of the domestic and global market demand.

  • Israel Chemicals strongly criticises updated Sheshinski tax proposals

    21 October 2014

    The strongly-worded statement released by ICL is not just corporate bluster — the proposed tax measures would be some of the most punitive natural resources taxes imposed by a government anywhere in the world. ICL stands to lose substantial proportions of its revenue and will have to cut back significantly on domestic and foreign investment if the taxes are brought in.

  • China's refractory consolidation: a year on

    20 October 2014

    A year after Chinese authorities took the decision to clean up the refractory industry in China, IM takes a look at progress made so far and the impact of the shut downs on the industry as a whole.

  • Nepal Orind Magnesite future looks shaky as Minister delays plans

    17 October 2014

    The Nepalese resource could be a valid supplier to the growing Indian market if it is able to be revived. At this stage it is unclear if the rumours of a delay to start up are true as neither the Nepalese government or Khetan Group could be reached for comment.

  • Tata Steel to sell UK steel sites to commodities firm

    15 October 2014

    The sale of Tata Steel’s UK sites could impact demand for associated refractory minerals. At the moment it is unclear how Klesch Group will run the sites being sold – whether output will be optimised to match demand, or continue at the same pace. However, the sale casts uncertainty on the market.

  • China’s Dalian Morgan Refractory Co starts production at Liaoning plant

    14 October 2014

    The opening of the new plant is a further step into Asian markets for UK-based Morgan Advanced Materials. The company is hoping to provide a range of high technology markets in Asia, including automotive, aerospace, medical, and electronics users

  • Video News: Imerys Al Zayani Fused Minerals receives financial support for Bahrain white fused alumina

    13 October 2014

    RHI halts acquisition of magnesite mine in Turkey; Sharp increase in barite prices due to Indian delayed tender and increased royalties

  • QMAG cuts personnel to save costs at Australian magnesite mine

    13 October 2014

    The Australian producer, a subsidiary of Belgian mining giant Sibelco, said that the cut of 16 workers was necessary in order to lower costs and regain competitiveness of its magnesia business in international markets.

  • Minteq rumoured to be closing Chinese refractories plant

    07 October 2014

    The Minerals Technologies Inc. subsidiary has confirmed that its manufacturing facility in Suzhou, China, is still operational, but the company has suffered from the downturn in the global refractories market and is rumoured to be planning to close the plant down.

  • Nepal looks for private firms to operate magnesite mine

    03 October 2014

    The Nepalese government is seeking a private partners in the mining industry showing its determination to bring a magnesite quarry and processing plan back into production, which could produce dead burned magnesia, caustic calcined magnesia and talc, as well as helping to revive the country’s economy.

  • Colombus Castings to expand largest foundry in US

    03 October 2014

    The news that Colombus is expanding is positive for the foundry minerals market as it potentially means a higher demand for the raw materials used to make applications for the metal casting industry.

  • Price Briefing 26 September – 2 October

    02 October 2014

    Antimony prices drop while magnesia and fertiliser minerals see gains

  • RHI halts acquisition of magnesite plant and mining rights in Turkey

    02 October 2014

    The refractory company said that contractual conditions for the acquisition of mining rights over a magnesite deposit in Turkey were not fulfilled, and it has therefore decided not to pursue the acquisition. RHI will now have to look for alternative sources in order to continue being as self-sufficient as possible in sourcing raw materials.

  • Fused magnesia prices expected to plummet in wake of capacity expansion

    01 October 2014

    A significant increase in global FM production could pull prices down and hurt higher-cost producers, traders say.