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Grecian Magnesite

Athens, Attica, Greece
Ownership
Private
Employees
~370
Development stage
Other
01

Overview

Grecian Magnesite is a leading privately-owned industrial minerals company specializing in the mining, production, and commercialization of magnesite and magnesium-based products. Founded in 1959 and headquartered in Athens, Greece, the company operates one of the world's most significant magnesite deposits in Yerakini, Chalkidiki. While primarily serving the refractory, environmental, and agricultural industries, the company provides high-purity magnesium oxide and magnesium carbonate for the pharmaceutical and food sectors. Their products are used as active pharmaceutical ingredients in antacids and laxatives, as well as excipients and mineral supplements. Grecian Magnesite is recognized for its vertical integration, extensive R&D, and global export reach to over 60 countries.

Therapeutic areas
EndocrinologyGastroenterology
Modalities
Small molecule
Industry
Chemicals & Materials

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