2021/10/19 20:35:47
Nereus
 
85% of the world's supply of magnesium comes from China - yet another reason the world needs to be less dependent on one source for goods.
 
2021/10/19 21:20:20
Grey_Beard
When did China contain all manufacturing, all rare earth metals, and now magnesium?  Did no one realize how bad an idea this was as they were doing it?  No, they were blinded by greed.
2021/10/20 00:36:05
rjohnson11
Grey_Beard
When did China contain all manufacturing, all rare earth metals, and now magnesium?  Did no one realize how bad an idea this was as they were doing it?  No, they were blinded by greed.


China bought everything. 
2021/10/20 03:58:14
Flint 1760
 
Here is some further information:
Rank
Country
Magnesite Reserves (1,000 metric tonnes)
1          Russia                         2,300,000
 
2          North Korea                2,300,000
3          China                          1,000,000
4          Brazil                          390,000
5          Australia                     320,000
6          Greece                         280,000
7          Turkey                         230,000
8          Slovakia                      120,000
9          India                            82,000
10        Austria                         50,000
 
Country (or area)      Magnesium production (thousand tonnes)
 World             1,020 (est)
 China             800
 Russia             65
 United States 50 (est)
 Israel             25
 Kazakhstan     23
 Ukraine          19
 Brazil             15
 Turkey            10
 South Korea    10
 Iran                 5
 
This shortage is going to cause a lot of problems.  Why do I think the production cut was deliberate.
 
2021/10/20 09:00:57
Cool GTX
 
 
"Magnesium is used in many aluminum alloys"
 
sure some specialty cars use it, magnesium has always been an expensive premium
 
magnesium in the average car ~0%
2021/10/21 01:50:22
NazcaC2
Some good news:

Florida's port are open for business which should alleviate the congestion from the California and New York ports.

https://www.armstrongecon...are-open-for-business/
2021/10/21 03:39:24
rjohnson11
NazcaC2
Some good news:

Florida's port are open for business which should alleviate the congestion from the California and New York ports.

https://www.armstrongecon...are-open-for-business/

Jacksonville has a pretty good sized port. 
2021/10/21 06:34:49
atfrico
We are in the 21st century and have the most advance technology in the present time compared to previous times...and we find ourselves in a crisis? You know all well most of the governments around the world are creating this shortage (crisis) on purpose.
2021/10/21 09:32:03
NazcaC2
That's right, Africo. It's all part of the The Great Reset / New World Order to default on the national debt.

Use My Existing Forum Account

Use My Social Media Account