Abstract
World demand for magnesium will show a decline in 2009. The outlook for 2010, which is guardedly optimistic, will be for a resumption of slow growth. The industry has seen marked changes in the sources of supply for primary and alloyed magnesium in recent years. Technological advances in magnesium continue at a strong pace as does interest in the material as a substitute for other light metals. The automotive segment remains the end-use area with the largest growth potential, if for no other reason than the size and quantity of the potential materials substitution applications. However, the shrinkage of that market, particularly in North America will have a definite impact on expectations for magnesium. The 3C market (computers, communications & consumer electronics) will continue to show above average growth. Other niche markets related to medical and construction industries also offer potential.
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References
G. Patzer, International Magnesium Association, Wauconda, IL
China Magnesium Association, Beijing, China
United States Geological Survey, 2007 Minerals Yearbook-Magnesium
United States Geological Survey, Mineral Commodity Summaries, Magnesium-Metal, 2009–2004
United States Geological Survey, Mineral Industry Surveys-Magnesium, Quarterly, 2009–2006
.Metal-Pages, www.metal-pages.com, Historical Pricing Archives
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© 2016 The Minerals, Metals & Materials Society
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Patzer, G. (2016). The Magnesium Industry Today…The Global Perspective. In: Mathaudhu, S.N., Luo, A.A., Neelameggham, N.R., Nyberg, E.A., Sillekens, W.H. (eds) Essential Readings in Magnesium Technology. Springer, Cham. https://doi.org/10.1007/978-3-319-48099-2_2
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DOI: https://doi.org/10.1007/978-3-319-48099-2_2
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-48588-1
Online ISBN: 978-3-319-48099-2
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