Minerals/Steel and alloy metals

Magnesium

Magnesium metal is used in aluminium alloys, die-castings for cars and electronics, and steel desulphurisation.

1.1 Mtworld smelter production, 2025 (est.)
86.4%from China
2.1 Mtreserves, 2024
6governments list it as critical

01 · Where it's mined

Who digs it up

Primary metal output was about 1.1 Mt in 2025, with China producing about 950 kt (about 86%).

  1. China86.4%
  2. Russia5.5%
  3. Brazil1.8%
  4. Israel1.8%
  5. Turkey1.4%
  6. Kazakhstan1.2%
  7. Iran0.5%

Smelter production, primary Mg metal, 2025. Columns on the globe show each country's share.

02 · A century of output

How production grew

03 · Where it goes

Follow the trade

Unwrought magnesium, >=99.8% magnesium, 2024, by value

  • Israel → United States of America$88m
  • China → India$71m
  • China → South Korea$57.1m
  • China → Japan$54.5m
  • China → Canada$50.2m
  • China → Germany$45.5m

Arcs run from exporter to importer; thicker means more value. CEPII BACI reconciled trade data.

04 · What it's used for

Where demand comes from

Aluminium alloys and die-casting.

05 · Who calls it critical

On the critical lists

Critical for the EU, US, UK, Canada, Australia and Korea. The EU 2023 study gave magnesium one of the highest supply risk scores.

  • United StatesUSGS List of Critical Minerals, 2025
  • European UnionCritical Raw Materials Act (Reg. (EU) 2024/1252) Annex I - strategic raw materials, 2024
  • United KingdomUK Criticality Assessment 2024 (BGS/CMIC) critical minerals list, 2024
  • AustraliaAustralia Critical Minerals List, 2024
  • CanadaCanada Critical Minerals List, 2024
  • South KoreaKorea critical minerals (33) - the 23 not designated strategic, 2023
Every government's critical minerals list

06 · Mines to know

The big operations

  • No mines with open output figures yet.

Spikes mark mines with output in open data; height follows reported output. Where a public source says where a mine's product goes, an arc runs to that plant.

See Magnesium on the live globe

The detail

Magnesium in depth

Supply

Primary metal output was about 1.1 Mt in 2025, with China producing about 950 kt (about 86%).

Demand

Aluminium alloys and die-casting.

Policy and criticality

Critical for the EU, US, UK, Canada, Australia and Korea. The EU 2023 study gave magnesium one of the highest supply risk scores.

What to watch

  • Chinese energy policies.
From the USGS Mineral Commodity Summaries

US production and use

One company in Utah had a smelter to recover primary magnesium from brines from the Great Salt Lake in Utah by an electrolytic process but production was reported to have stopped in 2022. Secondary magnesium was recovered from scrap at smelters that produced magnesium ingot and castings and from aluminum alloy scrap at secondary aluminum smelters. In 2025, an estimated 69% of primary magnesium consumption was used in castings, principally for the automotive industry. Aluminum-base alloys that were used for packaging, transportation, and other applications accounted for an estimated 15% of consumption; desulfurization of iron and steel, 9%; and all other uses, 7%. About 58% of secondary magnesium was estimated to be used in aluminum alloys, and about 42% was consumed for structural uses.

Events, trends and issues

In September 2025, the operator of the only U.S. primary magnesium smelter located in Utah filed for Chapter 11 bankruptcy protection. Production decreased significantly in September 2021 after failures of critical equipment used in the production of magnesium, with only limited production which ceased in 2022. After primary production of magnesium stopped, production was limited to deicing products, dust suppressants, and sodium chloride from stockpiles. Magnesium prices in the United States decreased in April but remained stable through the end of 2025. Average U.S. import prices started the year at $3.25 per pound and decreased to $3.13 per pound the beginning of April and remained at that price through November. The price decrease was potentially attributable to sufficient inventory and decreased demand for primary magnesium, with secondary magnesium substituting part of that consumption. Based on domestic import data for the year through August, imports of magnesium metal (99.8% purity) decreased by 27% compared with those in the same period in 2024. Conversely, imports of magnesium alloys increased by 37% and imports of waste and scrap increased by 48% compared with those for the same period in 2024. In 2025, magnesium prices in Europe gradually fluctuated throughout the year. Prices in Europe started the year with a range of $2,300 to $2,410 per ton, increased to a range of $2,550 to $2,650 per ton in the third quarter, and decreased to $2,450 to $2,550 at the end of November. The price fluctuations were attributed to closures related to ongoing maintenance and decreased producer inventories in China. The 2025 annual average price range for magnesium in Europe was estimated to be 13% less than that in 2024. A company based in California continued the development of a pilot plant to produce magnesium metal from brines. In February 2024, the U.S. Department of War (DOW) awarded $19.6 million in financing to the company through the Defense Production Act, Title III, program. In July 2025, the company produced a sample of metal that was confirmed by the DOW to have met the purity target for the project on a pilot scale. In December, the company announced plans to construct a commercial phase 1 plant in southwestern Arkansas.

Substitutes

Aluminum and zinc may substitute for magnesium in castings and wrought products. The relatively light weight of magnesium is an advantage over aluminum and zinc in castings and wrought products in most applications; however, its high cost is a disadvantage relative to these substitutes. For iron and steel desulfurization, calcium carbide may be used instead of magnesium. Magnesium is preferred to calcium carbide for desulfurization of iron and steel because calcium carbide produces acetylene in the presence of water.

Recycling

In 2025, about 26,000 tons of secondary magnesium was recovered from old scrap and 82,000 tons was recovered from new scrap. Aluminum-base alloys accounted for about 53% of the secondary magnesium recovered, and magnesium-based castings, ingot, and other materials accounted for about 47%.

World resources

Resources from which magnesium may be recovered range from large to virtually unlimited and are globally widespread. Resources of dolomite, serpentine, and magnesium-bearing evaporite minerals are enormous. Magnesium-bearing brines are estimated to constitute a resource in the billions of tons, and magnesium could be recovered from seawater along world coastlines.