Magnesium Ingot Price Today
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| Magnesium ingot export summary: price unit: US dollars/ton | |||||||
| variety | Specification | Export Quote | Increase | Mainstream Transaction | Increase | Remark | |
| Magnesium | Mg99.9% | 2290-2300 | -- | 2290-2300 | -- | Tianjin FOB, no pickling | |
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How much are the domestic magnesium ingot reserves?
According to the latest statistics, the domestic magnesium ingot reserves are currently about 10 million tons. China has rich magnesium resources and is one of the world's largest magnesium industry countries, with the world's largest magnesium reserves and production.
Magnesium is an important metal material with high physical and chemical properties. It is widely used in aerospace, automobile manufacturing, machinery manufacturing, electronic products, building materials and other fields. It plays an important role in the national economy and people's livelihood construction.
China's magnesium resources are mainly distributed in the southwest and northwest regions, among which Gansu, Shaanxi, Sichuan, Guizhou, Yunnan and other places have relatively rich magnesium resource reserves. The magnesium ore reserves in these regions are rich, high-grade, and have great potential for development and utilization, providing a solid foundation for China's magnesium ingot reserves.
|
Designation |
Chemical compositions % |
|||||||||||
|
Mg≥ |
Fe≤ |
Si≤ |
Ni≤ |
Cu≤ |
Al≤ |
Mn≤ |
Ti≤ |
Pb≤ |
Sn≤ |
Zn≤ |
Other |
|
|
Mg9999 |
99.99 |
0.002 |
0.002 |
0.0003 |
0.002 |
0.002 |
0.002 |
0.0005 |
0.001 |
0.002 |
0.003 |
- |
|
Mg9998 |
99.98 |
0.002 |
0.003 |
0.0005 |
0.004 |
0.004 |
0.002 |
0.001 |
0.001 |
0.004 |
0.004 |
- |
|
Mg9995 A |
99.95 |
0.003 |
0.006 |
0.001 |
0.002 |
0.008 |
0.006 |
- |
0.005 |
0.005 |
0.005 |
0.005 |
|
Mg9995 B |
99.95 |
0.005 |
0.015 |
0.001 |
0.002 |
0.015 |
0.015 |
- |
0.005 |
0.005 |
0.01 |
0.01 |
|
Mg9990 |
99.90 |
0.04 |
0.03 |
0.001 |
0.004 |
0.02 |
0.03 |
- |
- |
- |
- |
0.01 |
|
Mg9980 |
99.80 |
0.05 |
0.05 |
0.002 |
0.02 |
0.05 |
0.05 |
- |
- |
- |
- |
0.05 |
|
Cd,Hg,As,Cr6+ element,The supplier does not make routine analysis, but should monitor its content,require ω(Cd+Hg+As+Cr)≤0.03%. |
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China's magnesium ingots are mainly distributed in the main magnesium-producing provinces. Through mineral exploration and development and utilization, relatively rich reserves have been formed. In addition, China has also introduced advanced foreign magnesium ore mining technology and equipment to improve the mining efficiency and grade of magnesium ore, providing technical support for the increase in magnesium ingot reserves.
With the continuous growth of domestic magnesium market demand, China's magnesium ingot reserves are also increasing. Driven by government support and investment from related enterprises, China is vigorously developing the magnesium industry and promoting the efficient development and utilization of magnesium resources. This will provide better guarantees for the storage and transportation of domestic magnesium ingots.
At the same time, China is also strengthening environmental protection and improving the sustainable development and utilization of magnesium resources. By strengthening the balance between magnesium ore protection and development, the green and sustainable development of the magnesium industry will be promoted, and the reserve guarantee capacity of magnesium ingots will be improved.
In general, China's magnesium ingot reserves are about 10 million tons. With the continuous advancement of technology and the strong support of the government, the reserves of domestic magnesium resources will continue to increase, making greater contributions to meeting domestic market demand and promoting the development of the magnesium industry.
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