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GT Voice: Magnesium shortage highlights need for global coordination
By Global Times ^ | Oct 25, 2021 | By Global Times

Posted on 10/26/2021 9:29:50 AM PDT by RomanSoldier19

Disruptions and chaos in global supply chains continue to plague industries around the world, with the latest commodity that is seeing supply shortages being magnesium, a metal widely used in a number of industries such as aluminum alloys - all adding to increasing signs of the urgency to establish a global supply-chain coordination mechanism to find win-win solutions rather than pressing one side to fix the problem.

In Europe, industry groups, including metal producers, auto suppliers and the packaging sector, warned recently that the magnesium shortage may threaten thousands of businesses, supply chains and millions of jobs across the continent, as they are expected to run out of magnesium stocks by the end of November, Reuters reported.

In the US, Matalco Inc, the largest US producer of aluminum billet, warned about potential output downgrade due to the magnesium scarcity, while Alcoa Corp, the largest US maker of raw aluminum, also expressed concerns over the supply squeeze, Bloomberg reported.

(Excerpt) Read more at globaltimes.cn ...


TOPICS: News/Current Events
KEYWORDS: mg
Magnesium is used for wide a range of products, especially aluminium alloys. But China, Europe’s main magnesium supplier, has been cutting output to conserve power supplies.

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1 posted on 10/26/2021 9:29:50 AM PDT by RomanSoldier19
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To: RomanSoldier19

Magnesium is also a critical supplement which is sorely lacking in modern diets.


2 posted on 10/26/2021 9:35:43 AM PDT by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: RomanSoldier19

There is no shortage. They just won’t let us mine it in the USA.


3 posted on 10/26/2021 9:36:05 AM PDT by Newbomb Turk
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To: RomanSoldier19

“Global coordination”? You mean something like the FREE MARKET? What an original idea. Maybe that, and supply/demand price signals, would deliver the most efficient allocation of resources.

Nah… that might not be “equitable”. ;-)


4 posted on 10/26/2021 9:39:29 AM PDT by House Atreides
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To: House Atreides

No “global co-ordination” means “you proles need a global government because reasons”.


5 posted on 10/26/2021 9:41:42 AM PDT by VTenigma (The Democrat party is the party of the mathematically challenged )
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To: RomanSoldier19

Magnesium is a critical military metal..........................


6 posted on 10/26/2021 9:42:20 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: RomanSoldier19

If only we had a one-world government we could coordinate and fix all this.


7 posted on 10/26/2021 9:42:52 AM PDT by Obadiah (Truth is treason in an empire of lies.)
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To: Red Badger

8 posted on 10/26/2021 9:48:42 AM PDT by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19
The United States was in the 20th century the major world supplier of this metal, supplying 45% of world production even as recently as 1995

Ain't free trade grand?

9 posted on 10/26/2021 9:50:25 AM PDT by Pollard (PureBlood)
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To: Pollard

"

10 posted on 10/26/2021 9:52:13 AM PDT by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

We are just beginning to see what happens when JIT inventory fails on a massive level. The entire “system” could seize up.

It will happen slowly….then you notice….and then it’s gone.


11 posted on 10/26/2021 9:58:51 AM PDT by Vermont Lt
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To: Newbomb Turk

Doesn’t magnesium come from seawater?

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6249789/

So now that sea levels are rising due to cattle and people continuing to exist how can we have a shortage of magnesium?


12 posted on 10/26/2021 10:05:40 AM PDT by packagingguy
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To: RomanSoldier19

“all adding to increasing signs of the urgency to establish a global supply-chain coordination mechanism to find win-win solutions rather than pressing one side to fix the problem.”

all adding to increasing signs of the urgency to establish a global government supply-chain coordination mechanism to find win-win solutions rather than pressing one side to fix the problem.

There, fixed it


13 posted on 10/26/2021 11:01:56 AM PDT by antidemoncrat (somRead more at: https://economicti Astronomers see white dwarf 'switch on and off' for first time)
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To: rarestia

Magnesium is an electrolyte.

A magnesium deficiency leads to an irregular heartbeat.


14 posted on 10/26/2021 11:04:00 AM PDT by Brookhaven (The dystopian future is now!)
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To: Brookhaven

Magnesium is a counterbalance to calcium. We consume way more calcium than we do magnesium, and that imbalance impacts people in strange ways. I definitely suggest supplementing magnesium, but I’m not a doctor.


15 posted on 10/26/2021 11:08:20 AM PDT by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: Obadiah

Look at all the money “we” would save if we had a global governance in place. No need for guns, bullets, troops, fighter jets, missiles or anything. </s> I am thinking that all of the bazillionaire corporations making money on war won’t allow that. So what will happen is that we will be allies of Eastasia today, but be in an existential conflict with Oceania the next.


16 posted on 10/26/2021 12:23:42 PM PDT by Glad2bnuts ((“If there are no absolutes by which to judge society, then society is absolute.” Francis Schaeffer,)
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To: RomanSoldier19

Duralumin, the aluminum alloy that aviation was built on, contained 0.6% magnesium (+/-0.3%). More modern Alu alloys have about twice that much magnesium in them.


17 posted on 10/26/2021 7:25:51 PM PDT by Paal Gulli
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