LMG Completes Key Tests, Secures $2M for Magnesium Production via Fly Ash Extraction

[SMM Magnesium News] On April 27, at the construction site of the 1,000-ton-level high-efficiency magnesium-based solid-state hydrogen storage material demonstration project of Fude Jinyu (Yulin) Hydrogen Energy Technology Co., Ltd. Large machinery was operating in an orderly manner, transport vehicles were shuttling back and forth, and construction workers were each performing their duties. The main foundation works were basically completed, and the erection of internal and external scaffolds for the substation, analysis and testing laboratory, etc. was in progress. The 2,000-ton/year magnesium hydride large-scale production plant and supporting public auxiliary facilities under construction are the world's first 1,000-ton-level magnesium hydride production line.

[SMM Flash News] Gansu Baomei Xitie Alloy ignited a 40,500 kVA ferrosilicon furnace with a daily production capacity of approximately 110 tons, supporting the 300,000-ton magnesium alloy project of Baowu Magnesium Industry in Gansu, backing the long-term plan of 500,000 tons, ensuring self-sufficiency in raw materials for magnesium smelting, and reducing costs.

[SMM Magnesium Flash News] On April 29, the Beijing Municipal Administration for Market Regulation released a notice indicating that this year it will implement a year-long special rectification campaign targeting the illegal modification of electric bicycles. In response to the typical issues identified during the special rectification campaign, the Beijing Municipal Administration for Market Regulation recently conducted warning interviews with eight electric bicycle manufacturers, including Yadea, Aima, Tailing, Ninebot, Niu, Xiaodao, Xinri, and Luyuan, as well as their sales and agency enterprises in Beijing.