Business
EU, China in talks over “catastrophic” magnesium crunch – MINING.com
China supplies the block with about 95% of the silvery-white metal used to make aluminum alloys for auto parts.
That would not have been a problem should Beijing not have recently ordered roughly 35 of its 50 magnesium smelters to close until the end of the year to conserve power supplies. This means current European inventories will be exhausted by the end of November,…
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