SHANXI MING MAGNESIUM CO., LTD.

Top ten hot events in the magnesium industry in 2017

Issuing time:2018-04-06 11:38

●Qinghai Salt Lake Industry’s annual production of 100,000 tons of magnesium metal equipment has been completed

The magnesium metal dehydration unit of Qinghai Salt Lake Industry Co., Ltd. successfully produced anhydrous magnesium chloride. The magnesium metal device process was fully opened, and a major breakthrough was achieved in the commissioning of magnesium metal.

After the four units of coal preparation, coking, soda ash and heating of the Qinghai Salt Lake Metal Magnesium Integrated Project entered the commissioning stage on May 9, 2016, the company entered full commissioning production status, and the commissioning and trial production of the remaining units also started one after another. As of the deadline, the entire process of the 10 major magnesium metal integrated devices has been basically completed and qualified products have been produced.

The Qinghai Salt Lake Magnesium Integrated Project has a total investment of more than 30 billion yuan. It has the most advanced core technologies in the world such as electrolytic magnesium, French Akma PVC, and American Carbide Industry Company calcium carbide furnace. It is an integrated nonferrous, coal coking, chlor-alkali A large-scale industrial cluster integrating chemical industry. The main raw material of metallic magnesium is magnesium chloride, which is the tailings discharged from the potassium fertilizer production process. Qinghai Salt Lake Group has calculated the salt lake resources and found that the total magnesium chloride reserves in the Qarhan Salt Lake area are nearly 4 billion tons, accounting for more than 90% of the world's total reserves. Calculated based on the fact that 4.2 tons of magnesium chloride are needed to produce one ton of metallic magnesium, these resources can produce 1 billion tons of magnesium metal.

After the magnesium metal integration project and related projects are completed and put into operation, Qinghai Salt Lake Group will move from the potash fertilizer industry and salt chemical industry to the non-ferrous metal and coal-salt integrated chemical industry, gradually form a magnesium industry cluster, and build the largest magnesium industry base in my country. The comprehensive utilization of salt lake magnesium resources can drive the comprehensive development of chlorine, sodium, coal, limestone and other resources, and build a complete circular economy industrial chain in the salt lake area.

●Iran’s only magnesium ingot factory starts production

Royal Metal Ingot Company, located in Firdaus, South Khorasan Province, is the only magnesium ingot production plant in Iran. It was established at the end of 2014.

The plant has an annual production capacity of 6,000 tons of magnesium ingots and uses the Pidgeon process to extract magnesium metal from dolomite ores. Nearly 40% of the production capacity is currently being utilized and is expected to reach the design capacity in September 2017. If full production is reached, the company will not only be able to meet Iran's domestic demand, but may also begin to enter the lucrative international market.

●Ningxia Sun Magnesium Industry’s 25,000-ton electrothermal magnesium alloy low-cost transformation project is running smoothly

It is reported that Ningxia Sun Magnesium's 25,000-ton electrothermal magnesium alloy low-cost transformation project is running smoothly. The project is located in Taiyangshan Development Zone, Wuzhong City, Ningxia, with a land area of 15.35 hectares. It mainly builds electrothermal magnesium smelting workshops, stainless steel workshops, and whitening workshops. Rotary kiln, lime kiln, supporting water treatment, ventilation and dust removal facilities, air compressor station, oxygen nitrogen and argon gasification station, generator gas station, power facilities and auxiliary material warehouse and fire protection measures. After the project is put into operation, it can produce metal magnesium ingots and 25,000 tons of magnesium alloy ingots and 55,500 tons of stainless steel.

Low-cost is to obtain the maximum economic benefits at the minimum cost through technological renewal and upgrading, guided by green environmental protection, revitalization and transformation, and global development. It is a trend in the current industrial economic development. It is understood that Ningxia Taiyangshan (Sunyang Magnesium) Electricity Sales Company has been established in the Taiyangshan Development Zone and plans to build a 330KW substation and supporting line projects. The project adopts a direct power supply operation mode. After completion, it will be conducive to the consumption of local new energy power generation and increase The power distribution business can solve the electricity consumption of enterprises by 3 billion kWh every year and reduce the electricity cost of enterprises by about 150 million yuan.

Ningxia Sun Magnesium Co., Ltd. was established in September 2008. It is mainly engaged in the research and development and production of magnesium and magnesium alloy products, and ferrosilicon alloy products. The products are widely used in aerospace, automobiles, electronics industry, military industry and civilian fields. Ningxia Sun Magnesium Circular Economy Industrial Park is an important strategic project of Dun'an Group's "green energy saving, low carbon and environmental protection" transformation and upgrading.

●Yunhai Metal expects net profit to increase by 158% to 205% year-on-year in the first quarter of 2017

On March 29, Yunhai Metal (002182) released a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to March 2017 to be 53.2267 million to 62.923 million, a year-on-year change of 158.00% to 205.00%.

The company stated that 1. Sales volume increased compared with the same period last year and product costs decreased compared with the same period last year. 2. Non-recurring gains and losses arising from government subsidies and litigation fees received in this period are approximately 25 million yuan.

●National Bureau of Statistics: China's output of 10 types of nonferrous metals fell 6.9% year-on-year to 4.32 million tons in November 2017

According to data released by the National Bureau of Statistics on December 14, China's output of 10 categories of nonferrous metals in November was 430,000 tons, a year-on-year decrease of 6.9%, while the output from January to November was 49.34 million tons, a month-on-month increase of 2.5%.

● The country’s first 12-meter bus magnesium alloy body frame is delivered to Yinlong

Fujian Kunfu Co., Ltd. held a grand delivery ceremony for the body frame of China's first 12-meter magnesium alloy bus.

China's first 12-meter magnesium alloy body frame weighs only 0.8T, which is a major breakthrough in the field of automobile lightweighting. With the gradual implementation of national energy conservation, emission reduction, and green environmental protection policies and regulations, automobile lightweighting has become a future automobile development trend. This time, Fujian Kunfu and Yinlong Bus have jointly responded to the global layout, increased investment in vehicle lightweighting, completed the research and development of magnesium alloy body frames, and worked with OEMs to bring magnesium alloy body frames to the market.

In the future, Fujian Kunfu will continue to develop magnesium alloy products in the automotive and military fields, create industry standards for magnesium alloy materials, and become a benchmark enterprise for magnesium alloys.

●Mass production of magnesium rods with the largest diameter in China in Hebi

my country's new high-strength and heat-resistant magnesium alloy rods with the largest diameter have been mass-produced in Hebi. On July 24, Hebi Wandefu Magnesium Technology Co., Ltd. learned that this kind of rod has a diameter of more than 630 mm and is mainly used in aerospace, cutting-edge weapons and other fields, such as the main load-bearing structural parts of aviation helicopter transmission systems, machine parts, etc. The main support beam of the launch vehicle, as well as the surface-to-air missile instrument cabin, tail compartment and engine bracket, etc.

The person in charge of the company said that the company is currently the only company in the country that can produce this kind of rods. The material has been used in a certain armed helicopter and some new missiles in my country, and has passed test flights and trial production. As a demonstration base for the domestic magnesium processing industry, Hebi has an annual comprehensive processing capacity of nearly 300,000 tons. Magnesium powder (chips and granules) accounts for more than 50% of the country's total output, and magnesium sacrificial anodes account for more than 40% of the world's total output. my country's only national-level magnesium and magnesium alloy product testing institution settled in Hebi in 2013.

It is reported that Hebi City has more than 20 key magnesium metal enterprises, with more than 60 independent intellectual property rights and patented technologies, initially forming a complete industrial chain from raw materials to end products. At present, magnesium deep processing enterprises represented by Diendi, Fumate and Jinshan Magnesium are rapidly rising, and the magnesium industry cluster in Hebi City is moving towards the tens of billions level.

●The world's first magnesium alloy automobile wheel hub production line was built in Changge

On the morning of August 14, the signing ceremony of a 2 billion yuan order between Henan Dewei Technology Co., Ltd. and the American company THMagnesium and the commissioning ceremony of an annual production of 1 million magnesium alloy automobile wheels were held in Changge, marking the world's first magnesium alloy automobile wheel hub. The wheel hub production line was built in the Dazhou agglomeration area.

Magnesium alloy metal has low density and light weight. It is an ideal metal material for lightweight automobiles. Magnesium alloy automobile wheels have the characteristics of safety, comfort, operability and energy saving. Due to the weight reduction of the wheel hub, the fuel saving rate can reach about 7%, and the maximum can reach about 15%. The future trend of magnesium alloy wheels is to replace aluminum alloy wheels, because the entire world's automobile industry is pursuing weight reduction, energy saving and emission reduction of automobiles. Magnesium alloy wheels have great advantages in this aspect and are very powerful in saving fuel. , in addition, it also brings great potential to the automotive industry in terms of power performance and other aspects.

Henan Dewei Technology Co., Ltd. has been engaged in magnesium alloy ingots and magnesium-aluminum alloy profiles for many years. It was listed on the "New OTC Market" in July 2015. The successful commissioning of this project will surely drive the rapid development of the company.

●The largest magnesium alloy die-casting machine production line in western China is officially put into operation

Recently, the 3,200-ton die-casting production line of Chongqing Boao Magnesium Aluminum Metal Manufacturing Co., Ltd. located in Wansheng Pingshan Park has been officially put into operation. According to the relevant person in charge of the company, this 3,200-ton die-casting machine is currently the largest magnesium alloy die-casting machine in the West.

The company's new production line is mainly used for the production of large-scale magnesium alloy die-casting parts of 1.5 meters to 2 meters, which can increase production capacity by more than 250,000 pieces per year.

Chongqing Boao Magnesium Aluminum Metal Manufacturing Co., Ltd. is an enterprise dedicated to the research, development, production and sales of magnesium alloy die-casting products. The company currently has two 2,000-ton, one 2,500-ton, and one 3,200-ton die-casting production lines, with an annual output of 12 million pieces of high-strength magnesium-aluminum alloy automobile and motorcycle and general machine stamping machine parts.

●The United States makes the final ruling on the third rapid sunset review of anti-dumping measures against China’s granular pure magnesium

On January 9, 2018, the U.S. Department of Commerce issued an announcement stating that it had made the third anti-dumping rapid sunset review final ruling on granular pure magnesium imported from China: If the current anti-dumping duties in this case are cancelled, it will lead to the dumping of the products involved in China at 305.56 % dumping margin continues or occurs again. The U.S. harmonized tariff number of the product involved is 8104.30.00.

On November 14, 2000, the United States launched an anti-dumping investigation into granular pure magnesium imported from Israel, the Russian Federation and China. On September 27, 2001, the United States made a final anti-dumping ruling on China's granular pure magnesium. On October 2, 2006, the United States launched its first anti-dumping sunset review investigation into China's granular pure magnesium. On February 1, 2012, the United States launched a second anti-dumping sunset review investigation into China's granular pure magnesium. On September 6, 2017, the United States launched the third anti-dumping sunset review investigation into China’s granular pure magnesium.