China Magnesium Corp Ltd

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China Magnesium Corporation Limited (CMC) is an Australia-based company. The Company is a producer of magnesium and magnesium alloys. The Company was form to enter into a joint venture with Pingyao County Maoyuan Porcelain Industry Co, Ltd for the commercial exploitation of the Pingyao Magnesium Project. CMC’s Pingyao Magnesium project resides in a joint venture company known as Shanxi Luyuan Magnesium Company Limited (CMC China). The project is located in the Shanx... continued
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China Magnesium Corp Ltd
China Magnesium Corporation Limited (CMC) is an Australia-based company. The Company is a producer of magnesium and magnesium alloys. The Company was form to enter into a joint venture with Pingyao County Maoyuan Porcelain Industry Co, Ltd for the commercial exploitation of the Pingyao Magnesium Project. CMC’s Pingyao Magnesium project resides in a joint venture company known as Shanxi Luyuan Magnesium Company Limited (CMC China). The project is located in the Shanxi Province of Northern China. The project involves an upgrade of an existing magnesium ingot production plant. The manufacturing plant is located in Pingyao County, Shanxi province, approximately 500 kilometers west of Beijing. The magnesium ingot production plant has a capacity of 5,000 tons per annum of magnesium. In April 2012, the Company announced the acquisition of the quarry, which supplies dolomite to its magnesium production facility in China.

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Latest CMC news

Market hits post GFC high as it tops 5600
JUL 30, 2014
CMC chief market strategist Michael McCarthy said many investors had missed out on stocks at cheaper levels during July.
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German bonds plunge amid Ukraine crisis
JUL 30, 2014
Jasper Lawler, a market analyst at CMC Markets, said investors had "brushed aside" Europe's weak economic growth and high unemployment in the hope the ECB will once again pump more liquidity into markets to stave off deflation.
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European stock markets steady at open
JUL 30, 2014
Europe's main stock markets steadied at the start of trading, as cautious investors digested news of more Western sanctions on Russia over the Ukraine crisis.
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+ MORE CMC NEWS
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