News.com.au reports:

The world’s largest carmakers and other users of aluminium could be forced to halt production within weeks amid a “catastrophic” shortage of magnesium across Europe.

Magnesium is a key material used in the production of aluminium alloys, which are used in everything from car parts to building materials and food packaging.
China has a near-monopoly on global magnesium manufacturing, accounting for 87 per cent of production, but the Chinese government’s efforts …

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Source: The Loadstar