Posted in | News

Noranda Confirm Idling of Magnesium Plant

Mar 25 2003

Related Stories

The proposed idling of the Noranda magnesium plant, Metallurgie Magnola Inc in Danville, Quebec, Canada has been confirmed. The period for which the plant will be idle is at this stage indefinite.

Noranda has taken the decision as it is no longer economically viable to continue operation. This has been brought about by the large amount of cheap material emanating from China.

China now supplies 50% of the worlds requirements. This is in contract to the 1990’s where they exported almost no magnesium. The increased availability of cheap materials from China have driven world magnesium prices down, making the plant uneconomical to run.

The shutdown of the plant will begin in later April and will be performed in such a way that the quality of the equipment will be maintained. Noranda do intend to re-start the operation some time in the future when it becomes economically viable.

For more information on magnesium, click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback