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    Boao Magnesium receives state funding for Mg-Al alloy project

    2024-11-11 11:58:00   [Print]
    Chongqing Boao Magnesium Aluminum Manufacturing Co.Asian Metal Copyright54 million, the project will be able to recycle 20,000t of magnesium metal for refabrication annually.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, a subsidiary of Baowu Magnesium, has received state funding of RMB43.Asian Metal Copyright54 million, the project will be able to recycle 20,000t of magnesium metal for refabrication annually.Asian Metal Copyright2 million (USD6.Asian Metal CopyrightChongqing Boao Magnesium Aluminum Manufacturing Co.Asian Metal Copyright01 million) in ultra-long special treasury bonds for its high-performance and lightweight magnesium-aluminum alloy production base and innovation R&D center ("the project") in Wansheng, Chongqing.

    With a total investment of RMB363 million (USD50.54 million), the project will be able to recycle 20,000t of magnesium metal for refabrication annually.

    .Asian Metal Copyright2 million USD6Asian Metal Copyright
    Magnesium Ingot 99.95%min EXW China
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    Magnesium Ingot 99.95%min EXW China RMB/mt
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    China's magnesium ingot producers' inventory statistics by province by month
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