Magnesia Mineral Market Conference Held in Spain
Garrison Minerals recently attended MagForum 2019 in Bilbao, Spain. This conference, held yearly, is the premier event for magnesia manufacturers, suppliers, and distributors from across the globe.
MagForum 2019 featured fascinating breakout sessions, covering topics of the utmost importance to the industry, such as recycling, business strategy, market trends, research, and development. The expo was bolstered by roundtable discussions as well as a new mobile application.
MagForum 2019 Highlights
An examination of source diversity of macrocrystalline and cryptocrystalline magnesia (Seawater/brine versus magnesite sources)
An analysis of source diversity of magnesite reserves, geographically (Key players like China, North Korea, and Russia)
A mapping of grade diversity as a result processing methodology (Electrofused magnesia as compared to dead burned magnesia, for example)
A comparison of market diversity in purchasing verticals (With steel as the dominant contributor)
Of particular interest to attendees was the discussion regarding China’s magnesia output in the wake of the 2018 market upset and resulting closures and industrial policy addendums. Governmental stipulations on pollution, import/export, and manufacturing process continue to have an impact on international pricing and global supply estimations while also offering other countries the opportunity to ramp up their production and potential profit, namely India, Norway, the United States, and South Korea.
Your Global and Domestic Partner for Industrial Mineral Supply
As a global supplier, manufacturer, and distributor of magnesia-based materials, Garrison Minerals strives to keep abreast of the latest and most crucial happenings in the industry. By attending conferences and events like MagForum 2019, Garrison Mineral’s executive team is able to more intelligently shape their business strategy and more discerningly advise their clients and partners.
To speak with a magnesium expert about current global trends or about a specific project opportunity, contact Garrison Minerals.