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source:Silk Road Dialogue Committee|Release time:2023-02-16|Number of views:
Deep processing project of 1 million magnesium alloy
auto parts per year in Fugu



Project content: As a green engineering material in the 21st century, magnesium alloy has the advantages of high specific strength, specific stiffness, good shock absorption and easy recovery. It is the lightest engineering metal material. The automobile parts made of magnesium alloy can greatly reduce the weight of the automobile, so as to improve the fuel efficiency of the automobile and reduce its exhaust emissions. At present, there are many kinds of automobile parts made of magnesium alloy, such as wheel hubs Rear lift door frame, mobile roof, seat frame, auto engine parts, etc.
Total investment: The total investment of the project is 250 million yuan.
Cooperation mode: joint venture.
Market forecast and investment return analysis: The county has rich metal magnesium resources, and its output has been the first in the country for six consecutive years, and has maintained a steady growth momentum. It has become the largest regional raw magnesium production base in the country. In 2018, the metal magnesium output reached 370100 tons, accounting for 53.2% of the total magnesium output in the country, which provides a good raw material basis for the development of the project in the county. After the project is completed and put into operation, it is estimated that the annual sales revenue will be 180 million yuan and the profit will be 48 million yuan, and the investment will be recovered within 4.5 years.
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