Reuters reveals Europe aims to revive magnesium output by 2025 to cut China reliance

Reuters was first to report that EU policymakers have launched a drive to restart domestic output of magnesium, used in aluminum and steel products, with at least three firms working on the project. A European Commission staff working document made available to Reuters places a new emphasis on magnesium and a target of cutting dependence on major producer China, saying investment of up to 2 billion euros will be needed to restart smelting activity in Europe by 2025.