Asian Metal visits Fugu Taida

On the afternoon of December 27th, 2025, Ms. Daphne Zhang, the Consultant & Senior Product Manager of Asian Metal, visited Fugu Taida Coal Chemical Co., Ltd., and held in-depth discussions with Deputy General Manager Mr. Weifeng Wang and Foreign Trade Manager Mr. Haiyun Zhang regarding the supply and demand situation of the magnesium market in 2025 and the market outlook for 2026. Mr. Wang noted that in the short term, magnesium prices remain suppressed by high inventory and weak exports, with market sentiment still sluggish. In the medium to long term, as the price gap between magnesium and aluminum widens and the lightweight industry structure takes shape, the demand elasticity for magnesium is expected to significantly increase. By 2026, the industry landscape is poised to shift from a resource-driven “cost-oriented” model to a deep-processing model driven by “technology and application.”

Fugu Taida Coal Chemical Co., Ltd. is a circular economy-oriented private enterprise established in December 2007, integrating power generation, coal washing and processing, blue-coke production, ferrosilicon smelting, and magnesium metal production, along with research and education. With a total investment of approximately 1.4 billion yuan, the company is located in Shawa Village, Miaogoumen Town, Fugu County, and has a registered capital of 100 million yuan. Its main operations revolve around five recycling production lines centered on an annual 600,000-ton blue-coke production capacity. The supporting production lines include: 1.2 million tons/year of coal washing, 600,000 tons/year of blue-coke, 2×25 MW power generation, 2×25,000 kVA ferrosilicon, and 35,000 tons/year of magnesium metal.

Fugu Taida has long relied on Asian Metal’s price information as a benchmark for its supply and sales pricing, expressing high recognition for its timely, rigorous, and objective market reporting. The company also acknowledges the value of Asian Metal’s previous magnesium industry summits and plans to actively participate in the 14th Magnesium Summit, organized by Asian Metal in Chengdu on April 16–17th, 2026.