Premium Industrial NewsMagnesium Supply Shortage Threatens Aluminum-Reliant Industries
Magnesium Supply Shortage Threatens Aluminum-Reliant Industries
Industry Segment: Metals & Minerals | Word Count: 8 Words
SUGAR LAND--October 26, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The price of magnesium has skyrocketed this year, mainly driven by production curtailments in China, which in turn has sparked concerns by those industries that depend on the metal. Industrial Info is tracking nearly 70 magnesium metal projects under development worldwide, totaling $9 billion in total investment value.
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