China Magnesium Corp Ltd

0.059
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China Magnesium Corporation Limited (CMC) is an Australia-based semi-coke and magnesium production company. The Company is engaged in improving and maintaining magnesium production facilities belonging to the Company’s subsidiary Shanxi Province in Northern China, sale of magnesium and consignment of magnesium to Australia, Europe, Asia and Middle East from China. CMC owns interest in CMC China which owns interest in a magnesium ingot production operation in the Sha... continued
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China Magnesium Corp Ltd
China Magnesium Corporation Limited (CMC) is an Australia-based semi-coke and magnesium production company. The Company is engaged in improving and maintaining magnesium production facilities belonging to the Company’s subsidiary Shanxi Province in Northern China, sale of magnesium and consignment of magnesium to Australia, Europe, Asia and Middle East from China. CMC owns interest in CMC China which owns interest in a magnesium ingot production operation in the Shanxi province of north eastern China. The operations produce magnesium using the Pidgeon process.  The Company operates in one reportable segment: processing and sale of magnesium, magnesium alloys and related products. The Company has also adapted a coal to gas unit into a semi-coal cracker.

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Latest CMC news

European stocks rise at open
European stock markets have risen at the start of trading after a solid performance on Wall Street.
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Share market lifts after weak start
CMC Markets chief market analyst Ric Spooner said the turnaround from early falls was surprising given a weak session on Wall Street overnight.
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Oil slumps as US crude reserves surge
"If proof were needed that oil prices remain constrained by too much supply, this afternoon's US inventory data confirmed it," said CMC Markets analyst Michael Hewson.
8951975
+ MORE CMC NEWS
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