China appears ranked #1 in the producer list for magnesium on the Critical Minerals HQ Magnesium page (out of 4 listed producers).
2190 USD/t (updated 2026-05-03T18:54:14.722Z) — see the Magnesium live price page for refresh history and chart.
China dominates global magnesium production with approximately 85% of world output.
China's 85% production dominance creates a severe strategic supply vulnerability.
The global magnesium market is the most China-concentrated of any structural metal, with Chinese smelters supplying approximately 85% of world primary magnesium output and the US heavily exposed for automotive lightweighting, aerospace and electronics demand.
The supply side of the magnesium market is severely concentrated: China dominates global magnesium production with approximately 85% of world output.
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China dominates global magnesium production with approximately 85% of world output.
China's 85% production dominance creates a severe strategic supply vulnerability.