- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Galan Lithium
International Graphite
Cardiex Limited
CVD Equipment Corporation
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
A brief overview of magnesium price developments, supply and demand and significant market movers.
Demand for magnesium has remained steady since mid-June, trading in the range of $1.98 to $2.18 per pound during the week of August 16, a level that has not changed since June 26. Most analysts expect the metal to remain range-bound during the remaining few weeks of summer, when trading usually slows down.
A change in Utah’s state pollution regulations is likely to affect Salt Lake City’s US Magnesium, the sole magnesium manufacturer based in the United States. A loophole in the law that has allowed companies to exceed pollution limits is expected to be closed soon; polluters will be forced to be more accountable and will be less able to blame environmental damage on equipment malfunctions. US Magnesium challenged the regulatory change in a federal appeals court earlier this month, but was unsuccessful. The company has not, however, had any major accidents since 2007.
Outlook Reports
Featured Critical Metals Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2316.46 | -7.23 | |
Silver | 27.19 | -0.09 | |
Copper | 4.48 | -0.01 | |
Oil | 82.69 | -0.12 | |
Heating Oil | 2.56 | 0.00 | |
Natural Gas | 1.66 | +0.01 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.