Magnesium Market News Directory

General Motors Trials New Magnesium Alloy VSC Machine

General Motors announced today that its GM China Advanced Technical Center in Shanghai conducted the first trial run of its new Vertical Squeeze Casting machine. This machine is the first of its kind in the world, and will be used to develop next-generation magnesium castings.

Firm Gets Grant to Extract Magnesium from Scrap

Recycling Today reports that Phinix LLC, based at the University of Kentucky, will receive grant money from the US Department of Energy to develop technology to recover magnesium from magnesium-aluminum scrap.

Magnesium Market Awaits Global Supply Shift

Digital Journal reports that the Chinese magnesium market is on the cusp of change as producers are under government orders to phase out old and inefficient production technologies, undertake mergers and acquisitions, and improve resource management.

US Magnesium Prices Gain

AMM.com reported that US magnesium prices are up due to strong automotive demand and a tight nonferrous scrap market.

Magnesium-Rich Minerals Found on Moon

A scientific paper claims that minerals found in craters on the moon may not be indigenous to the moon but caused by an asteroid or meteorite strike, CBC reported.