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MiningBridge Indicative Price

Free public sources, with source and period. Indicative only - not a trading price, not an offer, not advice. "Not published" means no free, current price exists; MiningBridge does not copy paid prices.

ProductPriceSource and periodFreshness
Primary Magnesium Ingot (99.9% Mg Pidgeon Process)Not published
$/MT
No free current source
Background only: USGS 2025 annual average: $2,500 $/MT (yearly average, not a current price)
-
Largest producer
China 88%
Concentration (HHI)
7,736
Producing countries
7
Export measures
1

Global Production by Country

USGS MCS 2026 ground truth

Top producing jurisdictions, annual metric output (thousand metric tons), and modeled global production shares.

CountryProduction (thousand metric tons)Global Share
China95087.7%
Russia60.005.5%
Brazil20.001.8%
Israel20.001.8%
Turkey15.001.4%
Kazakhstan13.001.2%
Iran5.000.5%

Export Controls & Trade Restrictions

1 Active Sovereign Measure

Statutory export bans, quotas, and licensing regimes documented by the USGS (effective January 2026) and national trade ministries affecting physical magnesium trade corridors.

ChinaCHN

China maintains an export licensing requirement for materials and technologies covering Antimony (2024), bismuth (2025), synthesized diamond (2025), gallium (2023), germanium (2023), graphite (2023), indium (2025), magnesium materials (2024), molybdenum (2025), rare earths (2025), silver (2026), tellurium (2025), tungsten (2025), and items related to lithium batteries and artificial graphite anode materials (2025), as compiled by the USGS from official and reported sources effective January 2026.

Research

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Analytics for magnesium

Opens with Magnesium Metal Ingot (99.9% Mg min) selected and its usual route suggested: Pidgeon reduction plants in Shaanxi to Tianjin Port + Ocean to Hamburg.

Sale price: not published. Every input can be changed. Illustrative calculation, not advice.

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7 producing jurisdictions · thousand metric tons
China: 950 thousand metric tons (87.7%) · export control in forceRussia: 60 thousand metric tons (5.5%)Brazil: 20 thousand metric tons (1.8%)Israel: 20 thousand metric tons (1.8%)Turkey: 15 thousand metric tons (1.4%)Kazakhstan: 13 thousand metric tons (1.2%)Iran: 5 thousand metric tons (0.5%)
Producer, sized by share Export control in force Share of modelled production

Frequently Asked Questions: Magnesium

Sourced & Empirical

Empirical intelligence on magnesium production concentration, sovereign trade controls, and import reliance.

How concentrated is global mine production of magnesium?▼

Global magnesium extraction is highly concentrated with a Herfindahl-Hirschman Index (HHI) of 7,736. The leading producer is China, representing 88% of global mine output, with 7 countries reporting commercial production, based on USGS Mineral Commodity Summaries (MCS 2026).

Which jurisdictions enforce export controls or bans on magnesium?▼

There are 1 documented sovereign export control regimes affecting magnesium trade corridors: China (China maintains an export licensing requirement for materials and technologies covering Antimony (2024), bismuth (2025), synthesized diamond (2025), gallium (2023), germanium (2023), graphite (2023), indium (2025), magnesium materials (2024), molybdenum (2025), rare earths (2025), silver (2026), tellurium (2025), tungsten (2025), and items related to lithium batteries and artificial graphite anode materials (2025), as compiled by the USGS from official and reported sources effective January 2026.).

What is the net import reliance and critical supply vulnerability for magnesium?▼

Magnesium is designated as an economically essential critical commodity with strategic supply dependencies tracked across major processing and refining corridors.