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News.com.au reports:

Magnesium is a key material used in the production of aluminium alloys, which are used in everything from car parts to building materials and food packaging.

China has a near-monopoly on global magnesium manufacturing, accounting for 87 per cent of production, but the Chinese government’s efforts to reduce domestic power consumption amid rising energy prices have slowed output to a trickle since September 20.

In Shaanxi and Shanxi provinces, the world’s main magnesium production hubs, 25 plants had to ...

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News.com.au