Magnesia latest news

  • May 2017

    China's magnesia exports hit fresh high in April

    31 May 2017

    Magnesia exports out of China continued to increase by the end of Q1 due to the impact of the tax and quota scrapping earlier this year. However, fused magnesia deliveries out of the country has declined due to the ongoing production stoppage in Liaoning province.

  • Price briefing 19-25 May

    26 May 2017

    Mineral sands producer Iluka raised zircon prices; while ilmenite and rutile prices held firm; China Southern Rare Earth Group Co. unveiled another round of price hike; Magnesia prices unchanged as Chinese government sets new environmental standards; Galaxy Resources complete 2016 offtake spodumene sales

  • Chinese magnesia industry must meet new standards or face shutdown

    26 May 2017

    All magnesia companies in Yingkou city must comply with new environmental standards by 30 September, as part of Beijing’s drive to reduce pollution. Producers which failed to meet the strict environmental standards will be shut down.

  • Price briefing 12-18 May

    19 May 2017

    The ongoing draconian anti-pollution controls in China continue to disrupt production in a number of minerals, which has lifted prices in bauxite and antimony trioxide. Meanwhile, fused magnesia is no longer available in China; producers announced another rare earth price hike; chromite and silicon carbide prices remained stable; and lithium carbonate spot have risen in China again.

  • No fused magnesia available in China’s Liaoning

    17 May 2017

    The spate of environmental controls and temporary closures of plants in the province have resulted in a clearance of stockpiles of fused magnesia which, with no production taking place, is now sold out.

  • Deyang completes inspection on local refractories plants

    15 May 2017

    Three refractories manufacturers based in the city have carried out an upgrading process of local operations to comply with the stricter environmental norms.

  • Beijing Lier returns to profitability in 2016

    15 May 2017

    China’s largest refractory contractor to the steel sector returned to profitability after a net loss the previous year, as turnover posted a single-digit increase.

  • Higher steel activity supports Magnesita’s Q1 sales

    11 May 2017

    The Brazilian company saw improved revenues for refractories sales to steelmakers and industrial customers, while raw material turnover surged.

  • Revenue, profits grow for RHI in Q1

    11 May 2017

    Higher sales in both steel and industrial divisions led to growth in RHI's revenues and profits. Control clearance is now in the works in Brazil and Europe as part of the merger process with Magnesita.

  • China Q1 magnesia exports hit record high as values plunge

    05 May 2017

    Following the cancellation of the export tax on magnesia at the start of the year shipments from the country have continued to increase with CCM and DBM export volumes hitting record highs in March. The average value or price of magnesia exported, meanwhile, continues to decline.

  • Construction boosts Q1 sales for Martin Marietta

    03 May 2017

    Higher demand for aggregates was seen in southern US states, as sales of cement and building materials were supported by the strengthening of construction and infrastructure across the country – a driver that the company believes will persist in the coming months.

  • Chinese magnesia production disruption worsens

    03 May 2017

    Almost all magnesia producers in Haicheng and Dashiqiao are currently shut amid ongoing environmental controls; while European magnesia prices are stable market participants are wary of impact to the market should the situation in China persist.