May 2018
Accident for Magnesium in United States
An explosion and fire at the scrap melting area of a magnesium diecasting plant in Michigan in May 2018 caused significant damage and halted production.
Commodity
Magnesium
Magnesium is a silver-white, lightweight metal that is found as the eighth most abundant element in the Earth's crust. Its origin is primarily from seawater, where it is absorbed by marine plants and animals, and eventually accumulates in sedimentary rocks. Magnesium is produced through the electrolysis of molten magnesium chloride, which is obtained from brine pools or mineral-rich rocks. Magnesium has numerous prim...
Magnesium is a silver-white, lightweight metal that is found as the eighth most abundant element in the Earth's crust. Its origin is primarily from seawater, where it is absorbed by marine plants and animals, and eventually accumulates in sedimentary rocks. Magnesium is produced through the electrolysis of molten magnesium chloride, which is obtained from brine pools or mineral-rich rocks.
Magnesium has numerous primary uses, particularly in the production of aluminum alloys, where it enhances strength and corrosion resistance. It is also used in the manufacture of magnesium alloys, which are used in the aerospace and automotive industries due to their lightweight and high-strength properties. Additionally, magnesium is utilized in the production of chemicals, such as titanium dioxide, and in the medical field for making casting molds, biodegradable stents, and implants.
Moreover, magnesium has emerged as a vital component in batteries and is earmarked for wider use in electric vehicle (EV) batteries. The high energy density of magnesium-ion batteries has garnered interest from researchers and manufacturers alike, with the potential to compete with or even exceed lithium-ion batteries.
As a vital dietary supplement, magnesium is also essential to human health, contributing to bone strength, nerve and muscle function, and energy production. Found in various foods, such as nuts, legumes, and leafy green vegetables, magnesium plays a crucial role in over 300 enzymatic reactions in the body.
Production
Magnesite
Magnesite is a carbonate mineral used to produce refractory materials, fertilizers, magnesium metal, and other products including fillers, fireproofing materials, and construction materials.
Magnesite is a carbonate mineral used to produce refractory materials, fertilizers, magnesium metal, and other products including fillers, fireproofing materials, and construction materials.
Production
Produced Magnesium
Magnesium is a lightweight structural metal with unique properties that make it essential in industries such as aerospace, automotive, medical, and defense due to its strength, low density, and ability to burn vigorously...
Magnesium is a lightweight structural metal with unique properties that make it essential in industries such as aerospace, automotive, medical, and defense due to its strength, low density, and ability to burn vigorously.
Trade
Magnesium Chloride
Magnesium chloride is a white, deliquescent solid used as a desiccant, refrigeration brine, fireproofing agent, and in various industrial applications including road de-icing, dust control, paper production, textiles, dy...
Magnesium chloride is a white, deliquescent solid used as a desiccant, refrigeration brine, fireproofing agent, and in various industrial applications including road de-icing, dust control, paper production, textiles, dyes, and the manufacture of other chemicals such as magnesium metal.
Trade
Magnesium Hydroxide
Magnesium hydroxide and magnesium peroxide are industrial chemicals derived from magnesium-containing minerals or produced through chemical reactions, used in various applications including antacids, wastewater treatment...
Magnesium hydroxide and magnesium peroxide are industrial chemicals derived from magnesium-containing minerals or produced through chemical reactions, used in various applications including antacids, wastewater treatment, pharmaceuticals, and fire-resistant materials.
Trade
Magnesium Sulphate
Magnesium in the form of Kieserite and Epsomite is a naturally occurring mineral commodity extracted from brine deposits used primarily as an agricultural fertilizer and source of essential nutrients for crops.
Magnesium in the form of Kieserite and Epsomite is a naturally occurring mineral commodity extracted from brine deposits used primarily as an agricultural fertilizer and source of essential nutrients for crops.
Trade
Magnesia
Dead-burned magnesia is a high-purity form of magnesium oxide with high refractoriness, thermal conductivity, and resistance to chemical attack, used primarily in industrial applications for manufacturing refractory mate...
Dead-burned magnesia is a high-purity form of magnesium oxide with high refractoriness, thermal conductivity, and resistance to chemical attack, used primarily in industrial applications for manufacturing refractory materials, insulation, coatings, and chemical stabilizers.
Trade
Magnesite
Magnesium carbonate, also known as Magnesite, is a naturally occurring mineral primarily used as an input material for producing magnesium metal and oxide in various industries including aluminum alloys, fertilizers, and...
Magnesium carbonate, also known as Magnesite, is a naturally occurring mineral primarily used as an input material for producing magnesium metal and oxide in various industries including aluminum alloys, fertilizers, and aerospace materials.
Trade
Magnesium Products
Magnesium is a lightweight metal with high strength, heat resistance, and electrical conductivity used to produce alloys, automotive parts, electronics, and aerospace components.
Magnesium is a lightweight metal with high strength, heat resistance, and electrical conductivity used to produce alloys, automotive parts, electronics, and aerospace components.
Trade
Magnesium Granules And Powders
Magnesium raspings, turnings, and granules are a type of magnesium commodity used in various industries for die-casting, flame-proofing, and smoke-screening, among other applications.
Magnesium raspings, turnings, and granules are a type of magnesium commodity used in various industries for die-casting, flame-proofing, and smoke-screening, among other applications.
Trade
Pure Magnesium
Magnesium is a high-purity unwrought metal used in aerospace, automotive, and electronics industries for its strength-to-weight ratio and is primarily produced from seawater, brines, and dolomite rock through smelting pr...
Magnesium is a high-purity unwrought metal used in aerospace, automotive, and electronics industries for its strength-to-weight ratio and is primarily produced from seawater, brines, and dolomite rock through smelting processes.
Trade
Unwrought Magnesium
Magnesium is a lightweight metal alloy used in various industries including automotive, aerospace, and defense due to its strength, durability, corrosion resistance, and weight reduction properties.
Magnesium is a lightweight metal alloy used in various industries including automotive, aerospace, and defense due to its strength, durability, corrosion resistance, and weight reduction properties.
Trade
Magnesium Scrap
Magnesium waste and scrap is a recycled material generated from manufacturing byproducts and scraps of magnesium components and alloys used in various industries for their unique physical properties.
Magnesium waste and scrap is a recycled material generated from manufacturing byproducts and scraps of magnesium components and alloys used in various industries for their unique physical properties.
Trade
Magnesium Sulfate
Magnesium sulfate is a chemical compound primarily used as a fertilizer, laxative, and raw material in various industries, derived from magnesium ore, sulfuric acid, and water through a process of reaction and crystalliz...
Magnesium sulfate is a chemical compound primarily used as a fertilizer, laxative, and raw material in various industries, derived from magnesium ore, sulfuric acid, and water through a process of reaction and crystallization.
Market intelligence
Relevant Events
May 2018
Processing Shutdown for Magnesium in United States
Production at the Michigan magnesium diecasting plant was temporarily shut down for several months in 2018 while repairs were made following the May accident.
May 2018
Regulatory Change for Magnesium in United States
The U.S. Department of the Interior published a list of 35 critical minerals, including magnesium metal, in May 2018, signaling increased strategic focus on the commodity.
1 Jan 2018
Mine Opening for Magnesium in Australia
Archer Exploration planned to start mining 125,000 t/yr of magnesite in Leigh Creek, South Australia, beginning in 2018.
2018
Processing Shutdown for Magnesium in China
Chinese regulators ordered the shutdown of several magnesium plants using the Pidgeon process in the second half of 2018 to curb pollution and manage energy costs, reducing China’s magnesium production.
2018
Processing Startup for Magnesium in Canada
A Canadian company operated a 200‑ton‑per‑year pilot magnesium plant in Quebec, producing limited amounts from serpentine asbestos tailings, and planned to build a larger 50,000‑ton plant.
31 Dec 2017
Regulatory Change for Magnesium in China
China announced it would eliminate magnesia export limits in 2017, potentially increasing global supply.
1 May 2017
Processing Startup for Magnesium in Canada
A Quebec company began 200‑t/yr pilot production of magnesium from asbestos tailings in May 2017 and plans a 50,000‑t/yr plant.
1 Jan 2017
Processing Expansion for Magnesium in United States
U.S. diecasting firm to add two new production lines at its Mexico, MO facility by 2017 to supply automotive parts.
1 Jan 2017
Processing Shutdown for Magnesium in China
Chinese Pidgeon‑process magnesium plants expected to shut down because of higher energy costs and new environmental regulations.
1 Jan 2017
Processing Startup for Magnesium in China
China completed a 100,000‑t/yr magnesium plant in Qinghai in 2017, set to ramp to full capacity in early 2018.
2017
Processing Startup for Magnesium in China
A new 100,000‑ton‑per‑year magnesium plant in Qinghai Province, China, completed in 2017, began production from lake brines, boosting China’s primary magnesium output.
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