China Magnesium Corp Ltd

0.052
CHANGE
-0.012 (-18.75%)
20 minute delayed prices during trading hours
VOLUME
136.5K
DAY'S HIGH
0.052
DAY'S LOW
0.05
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

$A under pressure after US inflation data
That gave the greenback a shot in the arm, weakening the Australian dollar, CMC Markets chief market analyst Ric Spooner said.
8962131
Aust bond futures mixed on US inflation
"One of the big drivers in recent months has been concerns about low inflation and one of the questions for the market is whether that's going to be a temporary phenomenon," CMC Markets chief market analyst Ric Spooner said.
8962124
Woolworths woes, CBA gains balance market
"This is translating into not much change at all - they're counterbalancing each other a bit," CMC Markets analyst Ric Spooner said.
8961995
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