SMM5 May 14 magnesium alloy spot comment: magnesium alloy prices are flat and domestic sales have improved

[SMM Magnesium Express]Recently, the "Research and Industrialization of High-Performance Dissolvable Magnesium Alloys for Shale Gas Development" project by Shandong Huashengrong Magnesium Technology Co., Ltd. was successfully selected for the 2026 Shandong Provincial Major Scientific and Technological Innovation Project, receiving 8.57 million yuan in provincial scientific funding. Focusing on breakthroughs in key materials for oil and gas extraction, this project ranks among the highest-level scientific initiatives in Shandong Province. With continuous advancements in dissolvable magnesium alloy technology, its application prospects in energy sectors such as shale gas development are expected to expand further, while the company's independent innovation capabilities will accelerate

[SMM Magnesium Express]Recently, it was reported that Shanxi Kelite Precision Casting Technology Co., Ltd. plans to officially commence production of its light alloy integrated die-casting project in mid-July. With a total investment of 100 million yuan, the project can produce 8 million lightweight robotic precision structural components annually, primarily serving sectors such as meal-delivery robots, household service robots, and new energy vehicles. Leveraging Shanxi's magnesium ore resource advantages, the company has successfully transformed from a traditional pipe-casting enterprise into a high-end precision manufacturing entity. It has introduced cold high-pressure die-casting core technologies and established a provincial-level doctoral entrepreneurship station in collaboration with North University of China. With the project's launch, the large-scale application of magnesium alloy in intelligent robotics and new energy vehicles is expected to deepen further, accelerating the transition of traditional casting enterprises toward high-end magnesium alloy manufacturing.

[SMM Magnesium Express]On July 3, IML and Chongqing Yujang Die-Casting officially established a strategic partnership in semi-solid magnesium alloy forming technology. The two parties will collaborate closely on technological R&D, mass production breakthroughs, and market applications, while deploying multiple large-scale semi-solid injection molding equipment for magnesium alloys. The cooperation aims to integrate the entire chain from materials and processes to mass production, focusing on scaling up the application of magnesium alloys in critical components such as electric drive housings and vehicle structural parts. This will provide high-performance lightweight solutions for industries like new energy vehicles, 3C electronics, and humanoid robots. With continuous progress in industrial chain collaboration, the mass production barriers for semi-solid magnesium alloy forming are expected to be accelerated, further speeding up the process of large-scale application.