Magnesium Outlook 2015: Demand to Increase Gradually

Magnesium Outlook 2015: Demand to Increase Gradually

Magnesium has potential uses in magnesium-ion batteries, planes and bikes due to its strength and light weight, so critical metals investors will likely want to know what's ahead for the metal in 2015.

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Company News

MGX Minerals Prepares Exploration Permit for Longworth

MGX Minerals Prepares Exploration Permit for Longworth

MGX Minerals (CSE:MXG) is planning to file its Notice of Work to complete a drilling at the Longworth Silica Property with the BC Ministry of Energy and Mines. MGX has also retained ALS Minerals to conduct frac sand analyses on material from the property.

MGX Minerals Enters Joint Venture on Longworth Silica Property

MGX Minerals Enters Joint Venture on Longworth Silica Property

As part of the formation of an alliance with Zimtu Capital (TSXV:ZC) and Electra Gold Corp. (TSXV:ELT), MGX Minerals (CSE:MXG) has entered a joint venture agreement to secure a 50 percent interest in the Longworth Silica Property. The alliance was created for the purpose of jointly developing industrial mineral properties.

MGX Minerals — Magnesite Production in North America

MGX Minerals — Magnesite Production in North America

MGX Minerals (CSE:XMG) is an industrial minerals focused company engaged in the acquisition, exploration and development of properties in Western Canada. MGX’s flagship project is its Driftwood Creek magnesite property in British Columbia. Two high-grade mineralized zones have been delineated at the property to date. Mineralization is characterized by low calcium content, which is incredibly [...]

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Market News

Magnesium Fire Breaks Out at Houston Business Park

The Houston Chronicle reported that a magnesium fire broke out at a heat-treating business in Texas. Officials have said that the fire does not pose any danger to the public.

Is Magnesium the ‘Next Big Thing?’

In an article for Investing.com, Mark Green looked at sources of magnesium demand and the growing importance of the metal, and explored the opportunities that magnesium might hold for investors.

Magnesium Ion Batteries a “Promising Alternative” to Lithium

Researchers at the awrence Berkeley National Laboratory at the US department of energy are looking at magnesium ion batteries as a possible alternative to lithium, according to Oilprice.com. Some drawbacks related to magnesium have slowed development efforts so far, but the researchers say that magnesium ion batteries could have higher energy density and be less prone to overheating than their lithium counterparts.

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