【SMM Aluminum Flash News】Yongmaotai to Focus on Magnesium Alloys and Components for Automotive Lightweighting Goals

Published: Jul 28, 2026 17:08

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During a research visit, Yongmaotai stated that the company will focus on the development of magnesium alloy materials and robot components in the future. Automotive lightweighting is a green and new productivity development direction strongly advocated by the state, effectively contributing to energy conservation, emission reduction, speed improvement, and extended range in the transportation sector. A key approach to automotive lightweighting is material lightweighting, and magnesium alloys, with their low density, impact resistance, electromagnetic shielding, and strong recyclability, have become excellent lightweight materials. Automakers are accelerating the application of magnesium alloys, moving from "trial applications in small and medium-sized parts" to "mass production of large components." Based on the goal of the "Energy Saving and New Energy Vehicle Technology Roadmap 2.0" to reach 45kg of magnesium per vehicle by 2030, it is estimated that this could generate an additional market demand of approximately 50 billion yuan annually.

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