Australia's Latrobe Magnesium said last week that a concept study shows that its German magnesium extraction project is "economically viable and worthy of further development."
Car sales in Europe are finally turning around, and that could spur demand for magnesium used in automobile manufacturing.
The joint venture between Nevada Clean Magnesium and Norway's ScanMag AS, aims to produce magnesium for the North American and European industrial markets.
New research published recently shows that magnesium, whose health benefits are already well known, is proving useful in some unexpected applications.
A new method for treating wastewater from mining that involves magnesium and aluminum is being investigated by a Singapore-based company.
Using arsenic, a group of researchers "poisoned" rust to create a more stainless magnesium alloy.
Magnesium has been an essential component in making cars lighter for nearly a hundred years. Now General Motors is patenting a new process that will make it an alternative to parts previously made with heavier metals like aluminum, titanium and steel. The result will be a significant reduction in fuel costs.
Cheaper, safer and more efficient, magnesium-air fuel cell technology may compete with its hydrogen counterpart as the energy source of the green economy.
Demand for magnesium has grown steadily at about 3 percent each year, with the biggest growth seen in the car parts industry.
A brief overview of magnesium price developments, supply and demand and significant market movers.