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.
Magnesium trade
Magnesium waste and scrap is a significant trade commodity derived from byproducts and scraps generated during the processing and manufacturing of magnesium components. Produced in various countries including China, Russia, Israel, and the United States, these materials are primarily used as recycled input materials in the magnesium production cycle. Recycling magnesium offers several advantages such as conserving energy, reducing greenhouse gas emissions, and minimizing mining waste associated with primary magnesi...
Magnesium waste and scrap is a significant trade commodity derived from byproducts and scraps generated during the processing and manufacturing of magnesium components. Produced in various countries including China, Russia, Israel, and the United States, these materials are primarily used as recycled input materials in the magnesium production cycle.
Recycling magnesium offers several advantages such as conserving energy, reducing greenhouse gas emissions, and minimizing mining waste associated with primary magnesium production. The automotive, aerospace, and electronics industries extensively use magnesium alloys due to its excellent strength-to-weight ratio and unique physical properties.
Trading magnesium waste and scrap occurs through various channels including direct sales between producers and consumers, auctions, and online platforms specializing in metal commodity transactions. Certifications such as the London Metal Exchange (LME) may be used to ensure compliance with industry standards. Proper treatment of input materials is necessary prior to distribution and recycling, contributing to sustaining magnesium's supply chains and reducing environmental impact.
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Market intelligence
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.
Production at the Michigan magnesium diecasting plant was temporarily shut down for several months in 2018 while repairs were made following the May accident.
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.
Archer Exploration planned to start mining 125,000 t/yr of magnesite in Leigh Creek, South Australia, beginning in 2018.
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.
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.
China announced it would eliminate magnesia export limits in 2017, potentially increasing global supply.
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.
U.S. diecasting firm to add two new production lines at its Mexico, MO facility by 2017 to supply automotive parts.
Chinese Pidgeon‑process magnesium plants expected to shut down because of higher energy costs and new environmental regulations.
China completed a 100,000‑t/yr magnesium plant in Qinghai in 2017, set to ramp to full capacity in early 2018.
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.
The sole U.S. primary magnesium electrolytic plant in Utah temporarily shut down capacity at the end‑2016 after its major titanium sponge customer ceased operations, with no restart expected soon.
Primary magnesium production capacity at the sole U.S. producer was temporarily shut down at the end of 2016 after a major titanium sponge customer ceased operations, reducing overall U.S. magnesium output.
RHI AG agreed to acquire Magnesita, creating RHI Magnesita AG, consolidating magnesia refractories production.
Compass Minerals completed the acquisition of Brazilian company Produquimica, expanding its magnesium compound portfolio.
US Department of Commerce determined that no magnesia bricks were shipped to the US during the 2014-2015 review period.
US Department of Commerce again found no magnesia bricks shipped in the 2014-2015 period.
The EU Trade Commission filed a WTO complaint against China over its export restrictions on magnesia.
The United States filed a WTO complaint against China over its export duties on magnesia, challenging trade restrictions.
US Department of Commerce assessed a 253.87% countervailing duty on magnesia bricks from Dalian Mayerton and a 24.24% duty on other Chinese producers.
Olivine Corp. mined olivine at a deposit near Bellingham, Washington, supplying foundry sand.
Compass Minerals constructed new solar evaporation ponds near Ogden to boost magnesium chloride and potassium sulfate production.
Chinese magnesia producers delayed restarting production after the New Year holiday because demand was weak and prices were low.
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