Magontec (ASX:MGL): Presentation, CEO Sessions Sydney

Company Presentations

by Carolyn Herbert

Magontec is a global magnesium alloy manufacturing and recycling company and we also manufacture some downstream products like magnesium anodes.

In the manufacture of magnesium alloys, we take raw material that is pure magnesium and scrap magnesium and we turn that through a conversion process into magnesium alloy ingots.

In China where 85 per cent of all magnesium today is manufactured, we make our primary magnesium alloy, we also make magnesium anodes and we conduct some research and development, but that is also the location of our new project at Qinghai in north-west China.

In Europe, we have two recycling facilities; one in Germany and one in Romania we also make anodes in Romania.  

Carolyn Herbert

Finance News Network
Carolyn joined FNN in August 2015 as the Head of News and also presents the Market at Midday and the Market Wrap. With more than five years of broadcast journalism experience, Carolyn has worked as a finance anchor on the Sky News Business channel and as an anchor and reporter for ABC News. She is also a qualified corporate lawyer specialising in IPOs, takeovers and mergers and acquisitions.