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Galaxy Motion formed to help automotive industry embrace energy-efficient metals

Posted by Anthony Davis

|September 19, 2020

Galaxy Motion formed to help automotive industry embrace energy-efficient metals

Galaxy Magnesium has partnered with Panoz Engineering to form a new subsidiary company, Galaxy Motion. With access to twenty percent of the world’s supply of magnesium, a...

Weekly Spot Prices - 21 Aug 2026

Indicative weekly spot prices for 60/70 grade. Actual delivered costs vary by packaging, logistics and duties.

Region	USD/tonne	Trend
Middle East · FOB (drums)	543	▲
Europe · Delivered	618	▲
Asia · Delivered (bulk)	598	▲
USA · Bulk	555	▼

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Galaxy Motion formed to help automotive industry embrace energy-efficient metals

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