Investigation on magnesium Industry from Shi Yujiang to Bada, head of Wenxi County

Published: Jul 22, 2021 09:29

Recently, Shi Yujiang, head of Wenxi County, Shanxi Province, went deep into Bada magnesium Industry Co., Ltd. to investigate the construction of key projects and production safety work. He stressed that it is necessary to firmly establish the concept of "project is king", focus on the deep processing of magnesium alloy, strengthen the guarantee of essential factors, come up with solid measures to speed up the construction of the project, tighten the chain of safety responsibility, strengthen source control, and provide a strong security guarantee for the high-quality development of enterprises.

The reconstruction and expansion project of the melting and casting production line with an annual output of 40,000 tons of high-quality magnesium alloy profiles, plates and billets for transportation is a key project implemented by Bada magnesium Industry this year. The construction contents of the project include: reconstruction of 4 magnesium alloy semi-continuous casting machine production lines, 4 magnesium alloy vacuum melting production lines and supporting factory buildings and road facilities. Shi Yujiang pointed out in the survey that Bada magnesium Industry is a backbone enterprise in Wenxi County to transform and upgrade the metal magnesium industry and promote high-quality development. To promote the construction of magnesium alloy deep processing project, we should go deep into the front line, provide good service, understand the problems encountered by enterprises in project construction and production and operation, and solve the bottleneck problem in time. It is necessary to focus on the aerospace, military, automotive and other industries, seek more high-quality projects, and speed up the promotion of enterprises into the fast track of high-quality development.

Shi Yujiang went deep into the Bada magnesium production workshop and project front line to check and inquire about the implementation of the enterprise's production safety responsibility, emergency disposal, inspection and maintenance, and so on. His workers stressed the need to unremittingly do a good job in production safety in enterprises, strengthen bottom line awareness, improve the production safety system, improve emergency plans, and resolutely curb the occurrence of all kinds of production safety accidents. It is necessary to highlight source supervision, process supervision, and key supervision, conduct a comprehensive inspection of production equipment, personnel processes, and institutional mechanisms, constantly improve the level of production safety, and create a good environment for the sustained and healthy development of enterprises.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
20 hours ago
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
Read More
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.
20 hours ago
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
20 hours ago
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Read More
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.
20 hours ago
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
20 hours ago
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Read More
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.
20 hours ago