Magnesium: Prices

(asked on 15th October 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the impact of the rise in the price of magnesium and supply issues on the aluminium extrusion industry in the UK; and if he will make a statement.


Answered by
Lee Rowley Portrait
Lee Rowley
Minister of State (Minister for Housing)
This question was answered on 21st October 2021

This is a global issue initiated by a reduction in Chinese magnesium production. The Government is monitoring the situation. At present there are no reported disruptions to the aluminium sector or supply chains.

As part of the work to develop a strategy on Critical Minerals, the Government will establish an Expert Committee on critical minerals. This committee will provide high quality, independent and well-considered advice to the Government on technology-critical minerals and metals priorities, including magnesium.

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