Chongqing Hub Port Industrial Park Achieves Breakthrough in Magnesium Alloy Auto Lightweighting

[SMM Magnesium Express]Recently, Shanxi Badam Magnesium Industry Co., Ltd., the National Magnesium Alloy Materials Engineering Technology Research Center of Chongqing University, and Chongqing Magnesium-Based New Materials Co., Ltd. jointly signed an agreement to establish the "Badam Pilot Production Base of the National Magnesium-Based New Materials Joint Technology Center." The three parties will focus on innovating magnesium alloy surface corrosion protection technology and optimizing connection processes, addressing key challenges in pilot production industrialization to break through barriers from laboratory achievements to industrial mass production. With the implementation of this industry-university-research collaborative innovation platform, technical bottlenecks in the field of magnesium alloy corrosion protection are expected to be accelerated, facilitating the industry's transformation and upgrading toward higher-end and higher-value-added directions.

[Magnesium Ingot Futures Edge Down; End-Users Hold Back Cautiously on Restocking] Today, magnesium ingot prices consolidated on a subdued note in a narrow range. Upstream producers held prices firm, but downstream users waited on the sidelines and only made just-in-time procurement; foreign trade was under pressure and offered concessions. In the short term, the market was stagnant and weak, lacking recovery momentum.

Sentiment in China’s battery-grade manganese sulfate market has gradually returned to rationality, as the flood-related factors that previously lifted prices in Guangxi continue to ease.In early July, continuous heavy rainfall and floods hit major production areas in Guangxi. Rising river levels and disrupted logistics forced multiple manganese sulfate producers to suspend operations for safety inspections and equipment maintenance, triggering a temporary shrinkage of available spot supply.