Top Industries purchasing Magnesium (Mg)
Major Individual Company Purchasers
Caution: This content was sourced and arranged by AI and thus may be subject to errors, biases, omissions, or antiquation.
This information can provide a general sense of industry dynamics, but may be unreliable in its specifics, or as an isolated basis for investment decisions.
| Rank | Industry | Volume (MT) | % Usage | Primary Applications |
| 1 | Aluminum Alloying | ~548,700 | 45.35% | 6xxx series alloys for EV platforms, beverage cans, extrusions. |
| 2 | Automotive & Transportation | ~240,000 | ~20.00% | Die-cast engine parts, gearboxes, steering wheels, wheels. |
| 3 | Iron & Steel Metallurgy | ~115,000 | ~9.50% | Desulfurization of blast-furnace output. |
| 4 | Energy (Oil & Gas) | ~85,000 | ~7.00% | Sacrificial anodes for pipelines and marine structures. |
| 5 | Construction & Building | ~70,000 | ~5.80% | High-strength lightweight panels, scaffolding, and fixtures. |
| 6 | Consumer Electronics | ~45,000 | ~3.70% | Laptop frames, camera bodies, smartphone internal structures. |
| 7 | Aerospace & Defense | ~35,000 | ~2.90% | Aircraft engine housings, helicopter rotors, missile parts. |
| 8 | Chemical Manufacturing | ~24,000 | ~2.00% | Grignard reagents for organic synthesis, pharmaceutical bases. |
| 9 | Healthcare & Medical | ~15,000 | ~1.20% | Biodegradable implants (screws/stents), pharmaceutical salts. |
| 10 | Power Tools | ~12,000 | ~1.00% | Housings for saws, drills, and high-drain handheld equipment. |
| 11 | Semiconductors | ~8,000 | ~0.65% | MBE grade materials for next-gen chips and LEDs. |
| 12 | Renewable Energy | ~5,000 | ~0.40% | Photovoltaic device components and hydrogen storage (MgH2). |
| 13 | Sports & Recreation | ~3,500 | ~0.30% | High-end bicycle frames, tennis rackets, and archery bows. |
| 14 | Textiles & Paper | ~2,500 | ~0.20% | Finishing agents and fillers for high-quality paper products. |
| 15-20 | Niche High-Tech | Trace | <0.10% | Quantum computing, atomic clocks, and specialized optics. |
Major Individual Company Purchasers
- Toyota Motor Corporation: A major consumer for lightweight automotive components, particularly in the shift toward battery electric vehicle (BEV) efficiency.
- Meridian Lightweight Technologies Inc.: A global leader in magnesium die-casting, supplying structural components to Ford, GM, and BMW.
- Kaiser Aluminum Corporation: A massive purchaser of magnesium for use in high-strength aluminum alloy production.
- ThyssenKrupp AG: Utilizes magnesium for specialized steel desulfurization and the production of lightweight automotive parts.
- POSCO: A leading steel and material producer that consumes magnesium for both metallurgical processes and high-performance alloys.
- Yamaha Motor Co., Ltd.: Purchases magnesium for high-performance engine parts and lightweight chassis components for motorcycles and marine products.
- Spartan Light Metal Products Inc.: A major supplier of complex magnesium die-castings for the North American automotive and commercial vehicle markets.
- Buhler AG: A significant purchaser and industrial partner focused on advanced die-casting technology and magnesium processing equipment.
- Zhejiang Wanfeng Auto Wheel Co. Ltd.: One of the world's largest purchasers of magnesium for the manufacturing of lightweight alloy wheels.
Caution: This content was sourced and arranged by AI and thus may be subject to errors, biases, omissions, or antiquation.
This information can provide a general sense of industry dynamics, but may be unreliable in its specifics, or as an isolated basis for investment decisions.