News | Business
17 Aug 2022 19:38
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    A magnesium shortage could have big problems downstream for the vehicle industry

    A magnesium shortage could have big problems downstream for the vehicle industry


    China's energy crisis has led to the shutting of magnesium smelters which produce the element used in the bonnets, bodies and doors of cars.

    This means a longer wait for the importation of certain popular models.

    Motor Industry Association Chief Executive David Crawford says it was bound to happen.

    He says China shut down 25 smelters and reduced others to 50 percent capacity and it was a matter of time before the world was caught out.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     17 Aug: The biggest jump in median weekly earnings since records began ... haven't closed the gender pay gap
     17 Aug: The Reserve Bank's warning interest rates will keep rising
     17 Aug: The Reserve Bank has increased the Official Cash Rate 50 basis points, taking it from 2.5 percent to three
     17 Aug: Supply chain issues that have tormented the construction industry, haven't stopped Fletcher Building delivering strong financial results
     17 Aug: The Finance Minister says cyber security is of the utmost importance for the Reserve Bank
     17 Aug: Aucklanders are willing to spend big for sea views
     16 Aug: MPI officials are rejecting suggestions China's been banning New Zealand meat imports
     Top Stories

    RUGBY RUGBY
    NZR boss Mark Robinson is welcoming the elevation of Joe Schmidt's role within the All Blacks More...


    BUSINESS BUSINESS
    The biggest jump in median weekly earnings since records began ... haven't closed the gender pay gap More...



     Today's News

    Entertainment:
    Hollywood legend Gina Lollobrigida will run for Senate in Italy's election next month 19:12

    Rugby:
    NZR boss Mark Robinson is welcoming the elevation of Joe Schmidt's role within the All Blacks 18:59

    Entertainment:
    The Duke and Duchess of Cambridge's imminent move to Adelaide Cottage on the Windsor Estate means they won't have room for their "live-in nanny" 18:42

    Soccer:
    The new format for Australia's top knockout football competition is providing challenges - and rewards - for the Wellington Phoenix 18:39

    Entertainment:
    Donna D'Errico has followed in the footsteps of her 'Baywatch' co-star Carmen Electra by doing OnlyFans 18:12

    Rugby League:
    One year after taking up rugby league, 18-year old prop Monalisa Soliola is ready to take the NRLW by storm 18:09

    Business:
    The biggest jump in median weekly earnings since records began ... haven't closed the gender pay gap 18:09

    International:
    Republican congresswoman Liz Cheney concedes defeat to candidate backed by Donald Trump 17:49

    Entertainment:
    Cheryl Burke is celebrating four years of sobriety 17:42

    Rugby:
    New Zealand Rugby boss Mark Robinson is adamant they've made the right call in endorsing Ian Foster through to the World Cup 17:39


     News Search






    Power Search


    © 2022 New Zealand City Ltd