Latrobe Magnesium's First Phase Plant in Australia 33% Complete, Aiming for 2026 Production Launch

[SMM Magnesium Express]Recently, Borlex Intelligent held an opening ceremony for its exhibition center and a magnesium alloy forming technology tasting session in Taizhou, Zhejiang, with a focus on semi-solid injection molding technology. This process involves heating magnesium alloy particles to a semi-solid state before directly injecting and molding them, eliminating oxidation and porosity defects at the source and significantly improving product yield to over 95%. The company has previously launched the world-leading 4,000-ton ultra-large magnesium alloy semi-solid injection molding equipment and led the development of relevant industry standards. As semi-solid molding technology continues to gain traction, the application penetration of magnesium alloy in automotive lightweighting, aerospace, and 3C electronics sectors is expected to further increase.

[SMM Magnesium Express]Recently, Yian Technology announced that the clinical trial of its biodegradable magnesium interface screw has made significant progress. This product is used for anterior cruciate ligament reconstruction of the knee joint. As of now, a total of 124 cases have been enrolled, accounting for 95.4% of the planned total sample size. Among them, 57 subjects have completed one-year follow-up after surgery, and the fixation effect is stable. The overall trial results are in line with expectations. After obtaining the clinical trial summary report, the company will submit a registration application to the National Medical Products Administration. After the product is launched, it is expected to fill the domestic application gap of biodegradable metal orthopedic implant consumables and promote the upgrading of orthopedic diagnosis and treatment plans.

[SMM Magnesium Express]This week, social inventories increased by 1.83% month-on-month, showing a slight accumulation trend overall. Regional inventory disparities were pronounced: in Shaanxi, traders actively settled orders, leading to a minor inventory drawdown; in Shanxi's production area, new supplies flowed into warehouses. Meanwhile, export orders at Tianjin Port were sluggish, hindering external sales and resulting in inventory buildup in both regions, ultimately driving a modest rise in social inventories. Currently, downstream end-user procurement remains limited, and circulation supplies are digesting slowly, with inventory pressure likely to continue suppressing the rebound space for magnesium prices.