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China Magnesium Corp Ltd

0.06
CHANGE
-0.01 (-14.29%)
20 minute delayed prices during trading hours
VOLUME
81.6K
DAY'S HIGH
0.06
DAY'S LOW
0.06
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

European shares up on ECB, China moves
"Markets in Europe took a double dose of stimulus in early trading on Friday which set the tone for the entire day," said analyst Jasper Lawler at CMC Markets UK.
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Medibank set for strong first day
CMC chief market analyst Ric Spooner also expects Medibank to rally on day one, but said the high price of the float means gains could be harder to come by down the track.
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The figures indicate that Europe's economy is far from out of the woods yet, said Jasper Lawler an analyst at CMC Markets.
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