• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Critical Minerals Market
Critical Minerals News
Critical Minerals Stocks
  • Critical Minerals Market
  • Critical Minerals News
  • Critical Minerals Stocks
magnesium investing

Magnesium, Aluminum at Crux of New Wastewater Treatment Method

Written by Investing News Network
|
Oct. 31, 2013 04:15AM PST

A new method for treating wastewater from mining that involves magnesium and aluminum is being investigated by a Singapore-based company.

A new method for treating wastewater from mining that involves magnesium and aluminum is being investigated by a Singapore-based company. 

Water Online reports that Scalada Holdings, Ltd. will look at how aluminum and magnesium-layered minerals called hydrotalcites form when the two substances exist in the proper ratios during the neutralization of acidic water.

“Mining wastewater already holds high magnesium and aluminium concentrations. Hydrotalcites can be created by simply adjusting the ratio of pollutants that already exist in the mining wastewater, and adding alkaline compounds to alter the pH level as required” said Manly Logan, Scalada Holdings CEO.

The process differs from traditional lime-based methods of decontaminating wastewater, and has the advantage of using less water in the process, since the decontaminated wastewater can be re-used at the mine, according to the company.

Australian Mining earlier this year described a similar process being tested by Australia’s national science agency,  CSIRO, which stands for Commonwealth Scientific and Industrial Research Organisation.

It said the process initially focused on extracting uranium from wastewater, but also removed such contaminants as rare earths, transition metals, metalloids and negatively charged molecules like arsenate.

“This process purifies the wastewater from mines in a faster, more effective way that does not require large amounts of infrastructure or difficult chemistry to achieve it,” said  Dr. Grant Douglas, CSIRO senior principal research scientist, as per Australian Mining.

Market update

Prices for Chinese magnesium have notched up due to reduced stocks, Metal-Pages reported on Monday. In the past two weeks, the price of 99.9% magnesium metal has moved from RMB 15,000 to 15,500 per tonne ($2,461 to $2,543) to RMB 15,300 to 15,800/t. ($2,510 to $2,592)

A source quoted by Metal-Pages said there are only “a couple of hundred” tonnes of magnesium stocks in warehouses and that there is very little inventory pressure.

Prices in the United States were unchanged, with 99.9% magnesium being delivered in the range of $2.10 to $2.25 a pound.

In Europe, the magnesium market strengthened in line with developments in China, the key supplier to Europe, Metal-Pages said, with magnesium on the spot market being delivered at between $2,725 and $2,775 a tonne. European magnesium prices are at a four-year low and well off a peak of $3,325 a tonne in January when China abolished export duties on magnesium.

China is the dominant force in magnesium production, accounting for 83 percent of world supply, with over half of the metal ending up in magnesium alloys and the rest used to make beverage cans, according to industry data.   

 

Securities Disclosure: I, Andrew Topf, hold no direct investment interest in any company mentioned in this article. 

magnesium investing europe australia china magnesium market united states
The Conversation (0)

Go Deeper

AI Powered

Geomega Resources’ Test Series Confirm Simultaneous Separation of Heavy REE and Light REE

New Joe Lowry Interview, Same Story, #Lithium is HOT

Latest News

Spartan Metals Expands Past-Producing Tungstonia Mine Mineralization Footprint More Than 13-Fold, Defining 5.7 km2 of Tungsten-Silver Veins with Assays up to 5.18% WO3

America Needs Antimony, and This Nevada Explorer Just Defined One of the Largest Domestic Resources of It

NEVGOLD ANNOUNCES MINERAL RESOURCE: ANTIMONY OF 29,600 TONNES MEASURED & INDICATED AND 48,100 TONNES INFERRED ; 100% OXIDE GOLD OF 181,400 OZS MEASURED & INDICATED AND 1,203,500 OZS INFERRED; STRATEGIC U.S. ANTIMONY RESOURCE

Great Western Mining Corporation PLC Announces Q3 2026 Corporate Presentation

Ridgeline files Early Warning Report in Respect of Spartan Metals Corp.

More News

Outlook Reports world

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
  • Energy
    • Uranium
    • Oil and Gas
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Industrial Metals
  • Agriculture
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Gaming
    • Cleantech
    • Emerging Tech
Life Science
    • Biotech
    • Cannabis
    • Psychedelics
    • Pharmaceuticals

Featured Critical Minerals Investing Stocks

West High Yield

West High Yield (WHY:CC)
WHY:CC

Western Magnesium Corporation

WMG:CC

Compass Minerals Intl Inc

CMP
More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES