China Magnesium Corp Ltd

0.045
The ASX is currently closed for trading or there is no movement for this stock
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
advertisement
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.

Peer Comparison

Our Peer Comparison tool shows you the current top 5 and bottom 5 performing companies in the ASX.

Latest CMC news

Battered oil and gas players enjoy lift
CMC Markets analyst Rick Spooner said the oil price rally could continue, but prices above $US40 a barrel would not be maintained in the short-term.
9024135
Australian share market opens strong
CMC Markets chief market analyst Rick Spooner said investors were starting to take advantage of last week's bruising price falls and Wall Street's confidence-restoring performance.
9023907
Australian share market closes higher
CMC Markets analyst Rick Spooner said Australian stocks opened strongly but the market did not experience follow-through buying.
8259452
+ MORE CMC NEWS
Personal Finance: tips for trading shares
Sharemarket basics: A Numbers GameLooking for shares to back? You'll need all the help you can get. Investing in shares can be something of a numbers game, especially when the financial press is peppered with mention of ratios such as "dividend yield" and "earnings per share". Sharemarket basics: How to Sell SharesWhen you didn't buy your shares in the first place, it's difficult to know where to start when you want to offload them. Allison Tait finds out how best to sell, sell, sell! Learners guide: Investing OverseasInvestors looking to diversify their portfolio could explore the option of investing overseas - after all, the Australian sharemarket represents only a small percentage of the world's markets.


Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.

"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit http://about.reuters.com/media/.

FTSE®", FT-SE®", Footsie®", ["FTSE4Good®" and "techMARK"] are trade marks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited ("FTSE") under licence. ["All-World®", All- Share®"; and "All-Small®"; are trade marks of FTSE.] "The FTSE [NAME OF FTSE INDEX] is calculated by FTSE. FTSE does not sponsor, endorse or promote this product and is not in any way connected to it and does not accept any liability in relation to its issue, operation and trading."