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

Company Presentations

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.