Jump to content
Join the Unexplained Mysteries community today! It's free and setting up an account only takes a moment.
- Sign In or Create Account -

EU leaders signal alarm over Chinese magnesium crunch


L.A.T.1961
 Share

Recommended Posts

German Chancellor Angela Merkel and Czech Prime Minister Andrej Babiš — revealingly, leaders from top car-making countries — raised the issue on Thursday during an EU leaders' summit, according to a diplomat familiar with the discussion.

"Merkel [said] it's become too costly to produce it [in China] because of the high energy prices," the diplomat said, adding that the outgoing chancellor also warned about the knock-on effect on car production in Europe.

Babiš was even more direct, saying the auto sector is facing a "disaster."

The immediate problem is that China's factories are now partially closed owing to nationwide energy shortages, and exports of magnesium are plummeting. In the EU, stock of the mineral now risks running out by the end of November.

https://www.politico.eu/article/eu-leaders-alarm-china-magnesium-crunch/

  • Like 1
  • Thanks 2
Link to comment
Share on other sites

 

Perhaps we could learn to keep our current vehicles running longer and belay buying new so often...

  • Like 3
Link to comment
Share on other sites

hm..., maybe, just maybe trump was right, manufacturing needs to come back, to us, uk, and any country it moved out from,  relying on china is no longer an option. they have too much pull on countries economies. and they use it as a weapon

Link to comment
Share on other sites

1 hour ago, quiXilver said:

Perhaps we could learn to keep our current vehicles running longer and belay buying new so often...

how long do you keep a car on average?

Link to comment
Share on other sites

The raw materials for magnesium are everywhere.  There are terrestrial deposits and seawater is a good source of magnesium chloride.   The process is well known.  The trick is that it is energy intensive. China was dominant because of cheap labor, now they are experiencing energy shortages.  

Most countries can make it themselves, We make some and  will continue for critical purposes, but it  costs more.   Of course, we can just blame inflation and the Chinese energy shortage on Biden.  

  • Like 1
Link to comment
Share on other sites

4 hours ago, quiXilver said:

Perhaps we could learn to keep our current vehicles running longer and belay buying new so often...

 

  • Like 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.