New adjustments have been announced for tariff rates, which will benefit the chemical industry in China in particular, due to decreased import and export tariffs for several chemicals. The export tariff for ilmenite will stay unchanged by 10% and the rate for ferrotitanium decreased by 5% down to 20%.

Magnesium occurs in seawater and in ores such as dolomite (CaCO ₃ MgCO ₃), magnesite (MgCO ₃), and carnallite (MgCl ₂ KCl 6H ₂O).