MGL:ASX
Magnesiumgesellschaft mbH founded in Essen, Germany
Becomes of part of Norsk Hydro’s global magnesium division
The current site was acquired close to Essen at Bottrop in North Rhine Westphalia and recycling activities commenced
The Correx® Impressed Current Anode System (ICAS) was developed and launched
The company establishes it first Chinese operation to make magnesium alloys at Xi’an in Shaanxi Province, PRC
Bottrop Mg alloy recycling capacity is expanded to 18,000 metric tonnes per annum
Australian mining company Straits Resources acquires Hydro Magnesium and changes name to Magontec GmbH
Magontec expands recycling capabilities in China developing an 8,000 mtpa facility at Suzhou in Jiangsu Province
ASX listed AML acquires company from Straits and changes name to Magontec Limited
Greenfield 6,000 mtpa Mg alloy recycling and Mg anode production facility opens at Santana, Romania
Magontec opens new primary 30,000 mtpa primary Mg alloy plant at Jishan, Shanxi Province PRC
QSLM and Magontec sign agreements to supply and build new primary Mg alloy facility at Golmud in Qinghai Province, PRC
New process technology and investment in Bottrop recycling equipment
Recycling production capacity increased to 9,000 mtpa in Romania
Magontec launches Intelligent Measure and Control Systems products
Magontec establishes new subsidiary in the United States of America and appoints agency to assist development of Mg and ICAS markets
The new 60,000 mtpa cast house at Golmud in Qinghai Province is commissioned and ready for mass production