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Magnesia Global Market

The new Roskill report “Magnesium Compounds and Chemicals: Global Industry & Markets 2013” analyses the likely effects of new capacities on global magnesia supply and demand, providing forecasts to 2018 for each region by main market.

New projects and capacity expansions in countries such as Brazil (Magnesita Refratários), Norway (RHI AG), Russia (Magnezit Group) and Turkey (RHI, Kümaş and others) have been encouraged by tightening export supplies and higher prices from China, which also leads world magnesia trade. Companies in the rest of the world have outlined plans to develop 1,8 Mt/a of additional magnesia capacity between 2011 and 2015. As much as 500 000 t/a of this has already come online. Consumption of caustic calcined magnesia (CCM) is mainly driven by the industrial sector in its role in water, waste and flue gas treatment chemicals. High-value speciality CCM is expected to benefit from its use in hydrometallurgy, a metal extraction method that is gaining popularity in nickel/cobalt operations. Consumption of dead burned (DBM) and fused magnesia (FM), which constitutes more than 70 % of the total magnesia market, is almost exclusively in the production of refractories. Roskill forecasts the total magnesia market will grow by 3,2 %/a to 2018; the highest growth is expected to be in the CCM sector at 3,6 %/a while the lowest is forecast to be FM at 2,6 %/a.


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