| Magnesium 20/7/99
The magnesium stocks are moving.
There are just a handful of magnesium miners listed in Australia.
- Crest
- QMC
- Pima mining
- Mt Grace
- Golden Triangle Resources
It appears that a few fund managers are taking interest in this metal for
its possible future potential after recent commitments by almost all major
car manufacturers to use more magnesium in their manufacturing process;
1998 usage 3 kg per vehicle, targeted to be 40 kg per vehicle next decade.
A metal to watch.
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