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The Group has a resourceful dolomite mine in high quality and enables a one stop value chain from upstream raw materials supply to downstream production. With collaboration with Changchun Institute of Applied Chemistry, Chinese Academy of Sciences, the Group strives to becoming the leading corporation in magnesium industry by leveraging on its strong research and development capabilities.

The Group enjoys the exclusivity in applying the patented technologies on rare earth magnesium alloy productions. Some of them have already been adopted in projects by National Aeronautics and Space. Magnesium is light material featuring in high resistance, vibration and noise reduction, resistant to electromagnetic radiation, environmentally friendly and abundant resources. It has been widely applied in different fields including automobiles, railway transportations, 3C electronics products and aerospace.

The magnesium production sites are located at Jilin Province and Xinjiang Uyghur Autonomous Region. The Xinjiang production base is situated at Hami City, the main connection point of “Belt and Road”. Hami is famous for its abundant resources including quality and low-cost coal and dolomite mineral. These facilitate the further development of magnesium business of the Group. Xinjiang production base has been authorized the production of 100,000 tonnes magnesium alloys and related products. Currently, the established production line has annual capacity of 15,000 tonnes, upon the completion of all production lines, the total capacity of magnesium of the Group will reach 170,000 tonnes. The Group position itself to becoming one of the leading magnesium producers in the world.

The “Nonferrous Metal 13th Five Year Plan” states that magnesium is one of the top five metals with the highest compound annual growth rate of 7.1% based on the 2020 key nonferrous metal consumption and production forecast. The production volume of magnesium is expected to reach 1,300,000 tonnes by 2020.

Magnesium is recognised as one of the three major materials following steel and aluminum. Magnesium alloys products are widely applied in aerospace, military, transportation and high-tech areas with its outstanding capability. Its application has been increasing amid the trend of environmental protection and a greener era.