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US News Industry Fears after chip crisis now also supply bottlenecks at Magnesium

17:19  15 october  2021
17:19  15 october  2021 Source:   rp-online.de

gas price crisis: purchases common at European level, a "realistic" solution, "if the political will is there," says an expert

 gas price crisis: purchases common at European level, a against the outbreak of the prices of natural gas, "Europe must be Unie ", assures Thomas Pellerin-Carlin, director of the Jacques Delors Institute. © Provided by FranceInfo "In the medium term, Europe must be united" Faced with the gas price crisis, estimated Thomas Pellerin-Carlin, Director of the Energy Center at the Jacques Delors Institute, Thursday, October 7th on FRANCINFO.

Berlin. In addition to the production problems triggered by the global chip deficiency, the German industry now also expects supply bottlenecks in the magnesium urgently needed for automotive and aircraft construction. Help hopes the economy of China.

 Magnesium ist ein wichtiger Rohstoff für den Autobau. © Christophe Gateau Magnesium is an important raw material for the car new.

"It is expected that the current magnesium supplies in Germany, or throughout Europe, will be exhausted at the latest in a few weeks at the end of November 2021," warned the economic association metals in a recently published position paper.

of the association appealed to the Federal Government, "urgent diplomatic talks with China" to ensure the supply of German industry. With a supply of supply of the feared extent, otherwise "massive production losses" threatened.

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Currently, according to association, 95 percent of the European magnesium needs are covered by Chinese exports. China, however, in the course of its efforts to throttle its own energy consumption, the production of magnesium last drastically reduced. "On the basis of different sources can be assumed that up to now at least 31 magnesium plants in the world's most important magnesium production centers in the world, the provinces of Shaanxi and Shanxi, had either shut down or their production had to reduce 50 percent," reported the economic association.

The metal is needed throughout the aluminum value chain: in the automotive, aircraft, construction or packaging industry as well as in mechanical engineering and steel production.

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