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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 Copyright, a subsidiary of Baowu Magnesium, has received state funding of RMB43.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright, a subsidiary of Baowu Magnesium, has received state funding of RMB43.Asian Metal Copyright With a total investment of RMB363 million USD50.Asian Metal Copyright2 million (USD6.Asian Metal Copyright .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 Copyright, LtdAsian Metal Copyright
    Magnesium Ingot 99.9%min In warehouse Rotterdam
    Unit:USD/mt
    Magnesium Ingot 99.9%min In warehouse Rotterdam USD/mt
    China's magnesium ingot producers' operating rate statistics by province by month
    Unit: %
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