Magnesia JV in China Signed
Yingkou Jinlong Refractories is a long-standing partner of Refratechnik in China and Haicheng Guotian Mining is an existing CCM and DBM producer in Haicheng with long-term secure access to magnesite ore. The construction of the new state of the art plant, which also includes flotation, has started and production will commence in 2019. Rated yearly capacity at this stage is 100 000 t DBM as well as over 100 000 t CCM and related industrial minerals. This is a significant step in the strategy of further up-stream integration to secure supply for Refratechnik’s worldwide refractory production and to diversify and strengthen its international industrial minerals business. Refratechnik’s strategic magnesia resource base strengthened by adding to its Baymag world-class magnesite operation in Canada.