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SilMag, Norwegian magnesium producer, appears to postpone the launch of secondary magnesium alloy production scheduled to start in 2009.
A concerned trader source points out SilMag owes the project deferment to the demand and price decline of magnesium since autumn 2008 and difficulty in magnesium scrap collection.
Meanwhile, SilMag will start magnesium refining as originally scheduled in 2011.
A pilot plant will launch within 2009.