China: Magnesium alloy production will rapidly increase to 2015 says new report
According to the report, ‘China Magnesium Industry Report’ In 2012 China will accelerate the preparation of magnesium alloy and the development of deep-processing technologies, in a bid to promote its application in auto parts and track train industries.
China will increase production capacity to 150,000 tonnes of high-strength magnesium alloy die-casting and profiles & plates by 2015. These proposals are very favourable to domestic key magnesium and magnesium alloy producers.
Among the players in Chinese magnesium industry, Nanjing Yunhai Special Metals is the professional magnesium alloy producer, while others including Taiyuan Tongxiang Magnesium, Yinguang Magnesium Industry Group, Ningxia Hui-ye Magnesium and Taiyuan Yiwei Magnesium Industry (Group) all focus on the production of primary magnesium and also produce downstream magnesium products such as magnesium alloy, magnesium powder and magnesium extrusions.
Taiyuan Tongxiang Magnesium is the largest primary magnesium manufacturer in China, with the capacity recording 150,000 tons and output rising 5.38% YoY to 73,400 tons in 2010, both ranking the industrial top. View the Report
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