Magnesium
Companies
Key Companies in the Magnesium Value Chain
The Magnesium industry encompasses at least 5 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 1.1 million tonnes and prices around 3,000-3,500 $/tonne, the Magnesium market supports a diverse corporate ecosystem.
Annual Production
1.1 million
tonnes
Market Price
3,000-3,500
$/tonne
Top Producer
China
85% share
Companies Tracked
5
Major Producers and Processors
The following companies are key participants in the Magnesium supply chain:
Shanxi Yinguang Huasheng Magnesium
One of Chinas largest primary magnesium producers using the Pidgeon process in Shanxi province
Dead Sea Magnesium (ICL Group)
Produces magnesium metal from Dead Sea brine using electrolysis; one of the few non-Chinese primary producers
US Magnesium
Only primary magnesium producer in the US, operating an electrolytic plant at the Great Salt Lake in Utah
Meridian Lightweight Technologies
Worlds largest magnesium die caster, producing components for automotive OEMs
Norsk Hydro
Operates magnesium recycling facilities processing post-consumer and manufacturing scrap
Corporate Strategy Trends
Major consumers of Magnesium across the aluminum alloy production and automotive die casting sectors are increasingly focused on securing long-term supply agreements, investing in supply chain traceability, and supporting new production sources to reduce exposure to the 85% concentration in China.
More on Magnesium
Explore other aspects of the Magnesium value chain.
Uses & Applications
Explore uses & applications for Magnesium.
Supply Chain
Explore supply chain for Magnesium.
Mining & Processing
Explore mining & processing for Magnesium.
Refining & Grade Specs
Explore refining & grade specs for Magnesium.
Recycling
Explore recycling for Magnesium.
Substitutes
Explore substitutes for Magnesium.
Return to the Magnesium hub page or browse the full Mineral Library.