China Magnesium Output to Rise to 1.3 Million Mt in 2020

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.

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