Magnesium Segment

Magnesium and its alloys have many increasingly useful technological and consumer applications. Magnesium is the third most commonly used structural metal, following steel and aluminum, and is used in the production of alloys used in aircraft and automobile parts.  Magnesium is the lightest of all structural metals; it is one fourth the weight of steel and two thirds the weight of aluminum.  Various forms of magnesium are also used in the manufacturing of electronic equipment, such as computers, cell phones, and cameras.  Due to its unique light weight and high strength properties, magnesium's demand is on the rise.

Global production of magnesium was approximately 800,000 metric tons in 2008 and 755,000 metric tons in 2007, with China representing approximately 80% of the world’s production.

We currently operate three magnesium facilities in China within our Magnesium segment that produce and/or distribute magnesium products such as pure magnesium ingots, magnesium powders, granules and alloys.  The current annual production capacity within our Magnesium segment is approximately 42,000 metric tons.

We have consolidated our magneisum operations under our International Magnesium Group ("IMG") subsidiary.  We intend to promote our IMG brand as the premier global source for quality and reliability for magnesium related products.  We also intend to expand our domestic and international sales capabilities under the IMG brand to create a cohesive and unified worldwide marketing effort for our production and distribution operations.

For more information on IMG, please visit our magnesium website:  
http://www.magnesiumgroup.com