China Magnesium Corp Ltd

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+0.001 (1.28%)
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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

Aust stocks close lower
MAY 21, 2013
CMC Markets trader Ben Taylor said the local market finished in negative territory, following weak global leads.
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European stocks end mixed
MAY 17, 2013
Michael Hewson, a senior analyst at CMC Markets UK, said that although the DAX hit a new all-time high in the morning, and the FTSE enjoyed another multi-year high, the disappointing US data caused them to later retreat.
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Aust shares close higher
MAY 17, 2013
The mining giants were starting to look over-sold and had dragged the overall market up, said CMC Markets senior trader Tim Waterer.
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+ MORE CMC NEWS
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