Jun 05, 2024

Other Information About Magnesium Powder

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The reporter learned from the signing ceremony of the Yulin (Beijing) Investment Promotion Conference held on December 22 that Hengshan County and Shaanxi Magnesium Group Magnesium Materials Research and Development Company signed a magnesium alloy [2]
Magnesium alloy is known as the "green engineering material of the 21st century", and Yulin, which is rich in coal resources, has an incomparable supporting role in the production of magnesium metal. According to relevant data, in the first half of 2017, the national raw magnesium production was 320,000 tons, and Yulin's raw magnesium production was 144,000 tons, accounting for almost half of the national production.
Yulin's magnesium industry market potential is huge, and this is also the project that has attracted the most money in Hengshan County in recent years. According to relevant staff of Hengshan County, the project will be carried out as a demonstration project of the magnesium industry circular economy in our city, focusing on promoting the deep processing of magnesium. It is planned to cover an area of ​​800 acres. After the project is completed, Shaanxi Magnesium Group will account for 60% of the world's magnesium production.

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