Second only to China (nearly 10 million tons) in global magnesium production, Russia produces about 800,000 tons/year of the world’s lightest known metal (based on United States Geological Survey 2014 figures). World magnesium reserves are highly concentrated in these two countries, as well as Korea.
Now http://metalukraine.com/ reports Russia’s raw magnesium production increased by 7.3% in January, YoY (year over year) and by 1.4% MoM (month over month).
According to the Russian Federation’s Federal State Statistics Service, magnesium alloys output rose by 21.5% YoY, but dropped by 35.5% MoM.
This follows reports that from January-November 2016 Russia’s raw magnesium production went up by 1.6% YoY, while magnesium alloys output declined by 0.5%.
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