China Baowu leads the way to build "China magnesium Industry"

On December 28, 2021, the Yangtze River Delta integrated Anhui Bao magnesium annual output of 300000 tons of high-performance magnesium-based light alloy and deep processing project officially started in Tongbu Park, Qingyang Jingkai District, Chizhou City, Anhui Province. Yang Guangrong, vice governor of Anhui Province, Hu Wangming, general manager of China Baowu Group, Fang Zheng, secretary of the Chizhou Municipal CPC Committee, and Hou Angui, deputy general manager of China Baowu Group, jointly pressed the start ball.

Hou Angui said that the Anhui Baomeng project is an important measure for us to thoroughly implement the spirit of General Secretary Xi Jinping's inspection of China Baowu Ma Steel Group's important speech and take the initiative to iteratively upgrade its strategy. it is a practical action for China Baowu Group to actively integrate into the integrated development of the Yangtze River Delta and a vivid practice of promoting the landing of the strategy from iron and steel to materials. It is hoped that Anhui will, as always, support the business development of China Baowu Group in Anhui, including the Baomeng project, continue to provide quality services for enterprises, create a quality business environment, and jointly write a new chapter in the integrated development of the Yangtze River Delta. We will fully carry forward the spirit of hard work and entrepreneurship, make every effort to build the project well, strive to put into operation at an early date, achieve production and efficiency, and speed up the construction of a lightweight metal ecosystem with the Bao magnesium project as the core. strive to become a model of green development and wisdom of the new materials plate, and lead the high-quality development of the magnesium industry. Qingyang is also another name for spring. I sincerely hope that the Baomeng project will take root and thrive in spring.

Ding Wenjiang, academician of the Chinese Academy of Engineering, said that the charm of "magnesium" is endless, magnesium materials are of strategic significance to the country, and magnesium-based lightweight materials are inseparable from aerospace and other fields. For the magnesium industry, Bao magnesium project is a very important project, the whole magnesium industry is full of expectations, the start of the project will have a positive impact on the raw material market of the magnesium industry. It is believed that with the strong support of Anhui Provincial Party Committee, Provincial Government and China Baowu Group, Anhui Baomeng Project will find a way of independent innovation and further help magnesium alloy materials to become a model in a higher level of scientific and technological self-reliance in China. I believe that the construction of the project will be significantly beneficial to the entire magnesium material industry, and look forward to the resplendence of China's magnesium industry in Qingyang! It is believed that China's dream of "magnesium" will certainly come true, and this will certainly contribute to the great rejuvenation of the Chinese nation.

Wang Qiangmin, secretary of the party committee and chairman of Baosteel, said in his speech that the Baosteel magnesium project is the key layout for Baosteel to build a magnesium industry chain and build a "China magnesium industry." Chizhou is rich in resources, obvious location advantages and superior investment environment, which is one of the best areas for the development of magnesium industry. The formal construction of Anhui Baomagnesia project is an important step in Baosteel's metal "Stars and Sea, long Journey". It is also a good start for all parties to unite and win together. In the future, Baosteel Metal will continue to cooperate sincerely with Yunhai Metals and Qingyang Construction Investment, work together with Anhui Bao magnesium team to build the project into a green and intelligent global leading magnesium alloy application new material base, build an all-magnesium industry chain from ore mining to magnesium alloy production, manufacturing and deep processing application, and strive to form important emerging industrial clusters in the region to promote the high-quality economic and social development of Chizhou.

Magnesium alloy products are widely used in new energy vehicles, rail transit, aerospace, 5G base stations and other fields, and are the key materials for new infrastructure. Anhui Bao magnesium annual production capacity of 300000 tons of high-performance magnesium-based light alloy and deep processing project is jointly invested by Baosteel Metal and Yunhai Metal, with a total investment of 14.8 billion yuan, covering an area of about 2200 mu. Construction contents include mining, ore processing, magnesium smelting and magnesium alloy processing, ore transport corridor, wharf engineering and related production, living facilities and so on.