On November 26, Shi Yujiang, head of Wenxi County, led the Economic Development District, Gongxin, Merchants and some responsible persons of enterprises to inspect the development of aluminum-magnesium new materials industry in pingguo City, Guangxi Zhuang Autonomous region, visited enterprises on the spot, and discussed investment cooperation. And signed a contract with pingguo Bodao Aluminum-magnesium Cable Company for 500 million yuan to guide Bada aluminum-magnesium wire and magnesium alloy die-casting projects. Xue Yaodong, secretary of the party work committee and director of the administrative committee of the county economic development district, and Niu Junyan, a member of the party group of the county government and director of the government office, attended.
Aluminum industry in pingguo is an important engine to promote high-quality industrial development in Guangxi. In recent years, pingguo City has made every effort to build a complete industrial chain of "bauxite mining, alumina, electrolytic aluminum, intensive processing of aluminum products and comprehensive utilization of solid waste" according to the idea of "strong leader, supplementary chain and cluster". At present, there are 38 aluminum-related enterprises, with a total investment of 36.808 billion yuan. In the aluminum industrial park in the industrial zone, Shi Yujiang came to the Guangxi Branch of Chinalco Group, Hualei New Materials, Ping Aluminum door and window Technology, Bodao Aluminum magnesium Cable Company and other places to go deep into the enterprise exhibition hall, factory workshop and project base to understand in detail the production and operation, industrial planning, market sales and investment orientation of various enterprises. It is pointed out that it is necessary to conscientiously study the ideas and measures of pingguo city to speed up the development of aluminum industry, emancipate the mind, renew ideas, and promote industrial enterprises in Wenxi County to achieve new breakthroughs in scientific research investment, technological transformation, transformation and upgrading.
As green metals, aluminum and magnesium are not only the important content and development trend of the new material industry, but also the focus of this inspection. Bodao Bada aluminum magnesium wire and magnesium alloy die casting project is the key project of precise docking between Wenxi County Economic Development District, Bada magnesium Industry and pingguo Bodao Aluminum magnesium Cable Co., Ltd., which is located in Chengxi Industrial Park and covers an area of 200mu. After the implementation of the project, it can have an annual production capacity of 15000 tons of aluminum magnesium wire and magnesium alloy die castings, with an annual output value of 600 million yuan.
During a discussion and exchange with the person in charge of the company, Shi Yujiang said that the aluminum industry is the external business card of pingguo city, and the new magnesium-aluminum material is also an important industrial brand of pingguo city, which is highly consistent with Wenxi County's "implementing the project of strengthening the county by industry." the ideas and measures of building 10 billion-class aluminum-magnesium alloy industrial clusters are highly consistent, providing a broad platform for cooperation between the two sides. It is hoped that the two sides will adhere to the concept of "group development, joint development and common development", seize the opportunities of the new materials industry, and carry out in-depth docking and cooperation in the fields of intensive processing of aluminum-magnesium alloys, high-performance profiles and new energy vehicles, so as to lay a solid foundation for creating a national aluminum-magnesium alloy deep processing base with Wenxi characteristics and promoting the high-quality development of industrial economy.
Ma Shengquan, head of the management and service center of the pingguo industrial zone, said that Wen Xi metal magnesium industry has obvious advantages, accelerated growth of new aluminum and magnesium materials, and great potential. Pingguo City will take Wenxi as a key partner and introduce new ideas, new models and new business type into Wenxi to help the transformation and upgrading of aluminum and magnesium new materials industry and step into the fast lane of development.
During the event, Wenxi County and pingguo Bodao Aluminum-magnesium Cable Company signed a cooperation agreement on Boda aluminum-magnesium wire and magnesium alloy die-casting project.
![[SMM Analysis] Coal Cost Impact on Magnesium Prices: Regional Cost Gaps Narrowing](https://imgqn.smm.cn/usercenter/XUnxM20251217171723.jpeg)
