Magnesium

Overview

Magnesium is a lightweight, silvery-white metallic element and the lightest structural metal in commercial use. It is highly reactive and is typically produced from magnesium-bearing minerals rather than mined as a native metal.

Magnesium is commonly extracted from magnesite and dolomite ores via thermal reduction or electrolysis. Seawater extraction involves precipitation of magnesium hydroxide followed by conversion to metal

Processing methods are energy-intensive and depend heavily on local power availability

Magnesium plays a critical role in lightweight engineering, supporting industries focused on energy efficiency, emissions reduction, and advanced manufacturing.

Geological Occurrence

OCCURS

in minerals such as magnesite (MgCO₃), dolomite (CaMg(CO₃)₂), brucite (Mg(OH)₂), and carnallite

FOUND

in sedimentary carbonate formations, evaporite deposits, and hydrothermal environments

RECOVERED

from seawater and brines through chemical extraction processes

Key Uses

Production of Alloys

Alloying element in aluminium and magnesium alloys to improve strength and reduce weight

Production of Alloys

Alloying element in aluminium and magnesium alloys to improve strength and reduce weight

Components

Automotive and aerospace components for fuel efficiency and structural performance

Components

Automotive and aerospace components for fuel efficiency and structural performance

Pyrotechnics

Pyrotechnics and flares due to its bright combustion properties

Pyrotechnics

Pyrotechnics and flares due to its bright combustion properties

TRADE PROCESS

Overview
Our trade process spreads across CIF and FOB depending on the buyer’s preference.

Here’s what they entails:

1). Cost Insurance and Freight (CIF): Seller will handle everything from loading the vessel, paying for insurance, and sending the product to wherever the buyer wants it delivered.

2). Freight On Board (FOB): Seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination.
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TRADE SPECIFICATIONS

Specifics
Origin: Nigeria

Mineral Type: Magnesium Ore/Magnesium Concentrates

Physical Specification: Based On Buyer's Specification

Quantity: Based On Buyer’s Specification

Price: Negotiable/Metric Tonne

Trade Process: Ex Works/FOB/CIF

Payment Method: 100% irrevocable SBLC or L/C at sight from a top 25 prime bank

Shipping Time: 15 days after confirmation of L/C

Loading Port: Lagos, Nigeria
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