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    magnesium investing

    China Magnesium Output to Rise to 1.3 Million Mt in 2020

    Teresa Matich
    Apr. 18, 2016 10:49AM PST
    Critical Metals

    Platts reported that China’s refined magnesium output is expected to rise to 1.3 million metric tonnes by the end of 2020. As quoted in the publication: With current emphasis on producing more eco-friendly and light materials, magnesium alloy will enjoy rapid growth in the coming years as it is environmentally friendly and light-weight, the company …

    Platts reported that China’s refined magnesium output is expected to rise to 1.3 million metric tonnes by the end of 2020.
    As quoted in the publication:

    With current emphasis on producing more eco-friendly and light materials, magnesium alloy will enjoy rapid growth in the coming years as it is environmentally friendly and light-weight, the company said.
    In accordance with China’s plans for the domestic magnesium sector for the 13th Five-Year Plan period (2016-2020), China’s national magnesium output is expected to grow 8.4% per annum and hit 1.3 million mt by end 2020, the producer said.

    Click here for the full article.

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