We own several patents relating to the manufacture and production technology of magnesium alloy products, and possess a resourceful dolomite mine in high quality and enables a one stop value chain from upstream raw materials supply to downstream production. Relying on the strong scientific research ability and technical capabilities of authoritative scientific research institutes, the Group has built a platform to transit the scientific and technological innovation results into value. We are constantly driven by technological innovation and creation, accumulating strong kinetic energy to enhance our core competitiveness, to realise the modernization of our production technology and to promote the industrialization of scientific and technological achievements. We are determined to lead the development of a new era of high technology in the magnesium industry.
Our Xinjiang production base is situated at Hami City, the main connection point of the implementation of the “One Belt, One Road” strategy of the PRC government. The Group is able to catch up the fast trains based on such strategy by taking geographic advantages of the abundant resources (including high quality and cost effective coal and dolomite ore) in Hami City, which facilitates the further development of magnesium business of the Group. We will speed up the expansion project and production optimization, and supporting ferrosilicon project construction in Xinjiang production base. An comprehensive industry chain model of circular economy, comprising semi coke, ferrosilicon, and magnesium products, have been established by the Group
Magnesium alloy is light material featuring in high resistance, vibration and noise reduction, resistant to electromagnetic radiation, environmentally friendly and abundant resources. The downstream application of magnesium alloys continues to expand. In addition to its application in transportation, 3C electronics, and aerospace sectors, magnesium alloy new materials are used in new energy vehicles, biomedicine, 5G base stations, magnesium building modules, magnesium-based hydrogen storage materials, magnesium batteries, and other fields. The rapid development of new energy vehicles has driven the promotion of vehicle light weighting. Automotive light weighting means reducing a car’s weight while ensuring stable improvement of driving safety, durability, and comfort, among other factors. The development of automotive light weighting is the general trend, driving the demand for lightweight materials such as magnesium and aluminium alloys. Using magnesium alloys can reduce weight by 30% to 40% on top of the aluminium’s lightness. With the improvement of magnesium alloy die-casting technology, the transition of magnesium parts from small to large, and the decrease in the magnesium-aluminium price ratio, the advantages of magnesium alloy structural parts replacing aluminium alloy structural parts has become increasingly prominent.
Magnesium is recognised as one of the three major materials following steel and aluminum. Magnesium alloys products are widely applied in aerospace, military, transportation and high-tech areas with its outstanding capability. Its application has been increasing amid the trend of environmental protection and a greener era.
