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CHINA MAGNESIUM CORPORATION LIMITED - Discussion

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China Magnesium Corporation Limited is an integrated producer of magnesium, semi coke,... China Magnesium Corporation Limited is an integrated producer of magnesium, semi coke, calcium metal, tar oil and other industrial products. The Company is also engaged in the production and sale of pig iron and ferro-nickel. The Company is also involved in chemical and fertilizer trading. The Company's Baiyun quarry provides dolomite to the Company for magnesium production and other customers, including those in the steel industry. The Company also holds approximately two tenements in Western Australia. The Company is engaged in the trading of various commodities, such as low ash metallurgical coke, thermal coal, semi-coke, magnesium, magnesium alloy, carbon cathode, mineral (rock) wool, nickel laterite and iron ore. The Company has approximately five semi-coke crackers, which have a total semi-coke capacity of 200,000 tons per annum.More

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Market Close: We're probably not going to see a contrarian September rally – but this way, 2025 might see a Santa Rally Good Afternoon and welcome to HotCopper’s Market Close for Thursday 18th of September, I’m Jon Davidson. We got the US Fed rate cut as expected overnight but it wasn’t a boon for the ASX, which instead went back to the 8,700s. Clearly the September ...

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