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The only primary magnesium metal producer in the US, U.S. Magnesium, announced on September 10, 2025, that it had filed for Chapter 11 bankruptcy protection. The bankruptcy filing stems from a long-standing environmental dispute with the state of Utah, which, based on an academic study, sought to terminate the company's operating lease in the Great Salt Lake area, alleging that halide emissions from its plant were one of the main culprits behind local winter smog pollution. If the company ceases operations, the US will have to rely more heavily on imports from China and Russia, as over 85% of global magnesium production currently comes from China, raising significant supply chain and national security concerns. The company stated that the bankruptcy filing is aimed at restructuring its business to maintain operations and fulfill its commitment to government environmental management.
Domestic Magnesium Alloy Equipment Enters South Korean Market for the First Time, Yimei Tai’s Comprehensive Solution Lands at Optimo
Yimei Tai's MG-800 magnesium alloy semi-solid injection molding complete set of equipment officially set sail for the Optimo customer site in South Korea. This delivery not only marks the overseas venture of a single piece of equipment but also represents the first comprehensive solution exported to South Korea, encompassing robots, conveyors, mold temperature machines, trimming machines, and hot forming machines. The equipment adopts innovative semi-solid injection molding technology, eliminating the need for traditional high-temperature melting processes, directly transforming magnesium alloy granules into finished products, offering safety, energy efficiency, and environmental protection advantages. It has also passed the stringent KCs certification in South Korea, meeting international standards. This breakthrough signifies that domestic high-end magnesium alloy equipment has successfully broken through international technological barriers, achieving a strategic transformation from "technology introduction" to "solution export." In the context of accelerating global lightweight trends, this technology can be widely applied in 3C electronics, automotive manufacturing, medical devices, outdoor equipment, and humanoid robots, providing the global manufacturing industry with a fast-forming solution comparable to injection molding, helping customers achieve green production and cost reduction while improving efficiency.
EU Launches HighMag Project to Develop Next-Generation Magnesium Battery ESS Solutions
The four-year European research program, HighMag, officially kicked off, funded by the EU's Horizon Europe program and supported by CINEA. It brings together 13 academic and industrial partners from multiple European countries, Switzerland, and Israel, aiming to address urgent challenges in the field of energy storage: developing sustainable alternatives to lithium-ion technology. At the core of the project is the R&D of rechargeable magnesium batteries (RMBs) – a fifth-generation battery technology that leverages the abundant natural reserves, lower costs, and higher safety of magnesium, positioning it as an ideal solution for next-generation mobility and other high-energy consumption applications.
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