Morgan Stanley Says Automotive HPC Semiconductor Market Will Surge 3-Fold in 5 Years, Wafer Foundry and Chip Design Service Providers to Benefit

[Magnesium Market Quotations Diverged, Trading Weak, Prices Expected to Remain Under Pressure] Today, the main production areas for 99.90% magnesium ingot quoted at 15,800-15,900 yuan/mt, basically flat from earlier quotes.

[SMM Titanium Flash]According to foreign media reports, Morocco's TitanBeach titanium heavy mineral sands project has achieved a breakthrough. The mining license for the core mining area has been officially approved, and the joint venture structure and engineering development agreement have been fully implemented. The project covers an area of 192 square kilometers, and preliminary exploration shows that the titanium dioxide content can reach up to 14.9%. The project will be advanced in stages, with the construction of a pilot mineral processing plant first, followed by the planning of commercial facilities. The development of this project is expected to help extend Morocco's aviation manufacturing industry chain towards the titanium raw material end, strengthening its key mineral supply capabilities.

[SMM Magnesium Express]According to a report by China News Service, Qingyang County in Anhui Province is leveraging its dolomite resources to accelerate the development of a "World Magnesium Capital". In the first half of the year, the output value of the entire magnesium-aluminum light alloy industry chain reached 2.59 billion yuan, marking a year-on-year increase of 61.3%. The annual output value is expected to exceed 5 billion yuan. Anhui Baomai's 100,000-ton production line has been put into full-process mass production, with a total planned production capacity of 300,000 tons, accounting for about one-quarter of the country's total. The only magnesium water direct supply short-process industrial park in China has been completed and put into use. With the continuous acceleration of industrial agglomeration and technological transformation, Qingyang is expected to become an important production base for magnesium-based new materials in the country.