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    Magnesite market, in terms of qualities and prices, is driven by Chinese policies. However, in the last 14 months many changes have occurred. These changes were necessary and could create new sustainable and profitable industries for both China and the rest of the world.

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    World Ranking. According to USGS data, estimated world production of magnesite totalled Mt ( Mt in 2011). The world's largest producers of magnesite in 2012 were China (70%), Russia (6%), Turkey (5%), and Austria (4%).

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    Jun 29, 2016· Part of Thessally's prefeasibility study is looking into the potential of building a processing plant that will convert the raw magnesite into a valueadded product called caustic calcined magnesia (CCM).

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