Magnesium-energieopslag 2021

Can Europe's magnesium crisis be resolved by increasing production?

Given China is itself trying to decarbonise, Europe's magnesium crisis can't "be resolved simply by increasing production," it added, calling for an economic and trade consultation mechanism for magnesium supplies to the EU.

Will Europe restart magnesium mining?

Europe will restart magnesium mining for the first time in more than a decade, as the EU attempts to reduce its reliance on Chinese imports of critical raw materials. EU member Romania on Friday awarded a mining concession to Verde Magnesium, a Bucharest-based company backed by US private equity investor Amerocap.

Are Europe's magnesium reserves running out?

Europe is particularly vulnerable. It gets 95% of its magnesium supply from China. Last month WV Metalle, a German metals trade association, said it expected the country’s magnesium reserves to run out by the end of November. But not everyone is so concerned.

Is China 'unrealistic' to meet demand for magnesium from Europe?

(Reuters: File) China's state-run tabloid Global Times says it is "unrealistic" for China to meet the urgent demand for magnesium from Europe, where stocks of the raw material could run out next month. The paper said the magnesium shortage was not a simple issue that could be resolved by increasing production from China.

Should Europe add magnesium to its domestic Supply Priorities?

Europe should evidently add magnesium to its list of domestic supply priorities. But in the interim it's going to have to talk with China. As with many other critical minerals, part of the problem is China's dominance of the supply chain. The country currently accounts for around 87% of global production.

Will China's magnesium exports drop 10 per cent this year?

Chinese state media has reported that China's magnesium exports are likely to drop 10 per cent this year. "Magnesium production is the latest victim of China's power crunch as well as the government's increasingly hardline approach to emission reduction," Peter Cai, a China analyst from the Lowy Institute, told the ABC.