Magnesium has a range of metallised applications to replace more...

Magnesium has a range of metallised applications to replace more expensivemetals ( those that requrie further processing to achieve a high surface lustre finish or are very uneconomic) through to engineering applications such as automotive. It is alos used as a sacrificial rod in water heaters ( think Rheem ) to prevent corrosion. There is a lot of housing being built in china alone and these units have to be replaced over time.

The SPP realised the money to acquire Magontec. The acquisition is cash flow positive, the ANM plants in China are cash flow positive...adds up to a winning combination