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CHONGQING, July 2 Asia Pulse - Magnesium has become a metal witnessing the fastest consumption growth in China and thus ranks the fifth major nonferrous metal after copper, aluminum, lead and zinc, said Kang Yi, chairman of the China Association of Nonferrous Metals Industry on June 29.
China's magnesium consumption topped 150,000 tons last year.
When the shortage of mineral resources is increasing, nonferrous metals like copper, aluminum, lead, zinc and nickel are in tight supply worldwide, and related prices are rocketing up, magnesium's advantages in resources, price and product are fully ...