Technological Innovation promotes the Transformation and upgrading of magnesium Alloy Industry

Published: Mar 1, 2022 10:17

On February 17, Yuncheng City, Shanxi Province issued the "New Technology Plan" of the 14th five-year Plan of Yuncheng City. The plan proposes that by the end of the 14th five-year Plan, we should focus on solving scientific problems and industrial and technological bottlenecks in the field of metal materials such as magnesium alloys, and strive to improve the basic capacity and modernization level of the new aluminum-magnesium alloy and non-ferrous metals industry. support the construction of the downstream industrial chain of aluminum and magnesium alloy materials, and create a research and development ground for the high-end materials industry.

The plan points out that breakthroughs have been made in key common technologies, such as the development of degradable magnesium alloy materials, the integration of the shape and properties of large magnesium alloy components, and the solid-liquid forming of complex magnesium alloy components. strive to form a new magnesium alloy industrial cluster and industrial belt with national competitive advantages. Further increase the research and development of new magnesium alloy materials, increase the variety of magnesium alloy deep processing products, broaden the magnesium alloy application market, promote the increase of sales income of magnesium alloy deep processing products, and realize the transformation and upgrading of magnesium alloy industry.

The plan proposes that the key task is to combine the characteristics of relevant enterprises and institutions in Yuncheng, in magnesium alloy and its composite technology, such as large specification and high strength rare earth magnesium alloy, high precision and high forming aluminum magnesium alloy, magnesium alloy multi-root casting technology and other fields, from the key core technology to carry out key breakthroughs. Relying on the key enterprises in the field of magnesium alloys in Yuncheng, we will focus on promoting the research and development of key technologies such as large-scale high-strength rare earth magnesium alloys, high-precision high-forming aluminum-magnesium alloys, magnesium-lithium alloy casting, etc., accelerate the research and development and industrialization of magnesium hydroxide hydrogen storage technology, achieve breakthroughs in the development of new aluminum-magnesium materials, and promote the promotion of high-performance aluminum-magnesium alloy preparation technology and complete sets of equipment at home and abroad. Expand the application of aluminum-magnesium alloy deeply processed products in aerospace, electronic information, military and other fields, and improve the modernization level of aluminum-magnesium industry.

The plan is clear and focuses on achieving breakthroughs in the fields of special magnesium alloy materials, such as high-strength and heat-resistant magnesium alloys, high-performance rare earth magnesium alloys, high plastic magnesium-lithium alloys and so on. On the basis of existing magnesium alloy applications, we will continue to expand the application market of magnesium alloy deeply processed products, continue to take 3C electronics, aerospace, military industry and rail transit applications as the main application markets, and give full play to the performance advantages of magnesium and magnesium alloys. increase the application market of new magnesium and magnesium alloys. Focus on the development of magnesium alloy materials for military industry, magnesium alloy extruded profiles for high-speed rail and subway, high-strength magnesium alloys for aerospace, large-size complex castings, high-strength and heat-resistant magnesium alloy large-size extruded profiles / forgings, 3C products magnesium alloy precision die castings, large coil weight, low cost, high formability magnesium alloy plate and strip, automotive lightweight magnesium alloy precision die castings, forged magnesium alloy wheels and other innovative products, Continuously expand the application field of magnesium alloy, make enterprises gradually change from the production of primary raw materials to the production of high-tech and high-tech products, and constantly improve the added value of the products.

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.
22 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.
22 hours ago
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
22 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%.
22 hours ago
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
22 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.
22 hours ago
Technological Innovation promotes the Transformation and upgrading of magnesium Alloy Industry - Shanghai Metals Market (SMM)