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source：Silk Road Dialogue Committee|Release time：2023-02-17|Number of views：

Shenmu magnesium alloy extrusion profile project with an annual

output of 30000 tons

Project content: magnesium alloy extruded materials and forgings are magnesium alloy materials obtained by extrusion or forging process after adding zinc, manganese, rare earth and other elements to form alloys based on metal magnesium. It has the characteristics of light weight, high specific strength and specific stiffness, small elastic modulus, no pollution to the environment, good recyclability, good electromagnetic interference resistance and shielding performance, and has good application value. Because of the excellent service performance of magnesium alloy magnesium alloy extrusions and forgings, it has become a new material that has been supported and developed by the state with broad application prospects.

Total investment and cooperation mode: the total investment of the project is 900 million yuan, including 700 million yuan in fixed assets.

Market forecast and investment return analysis: It is estimated that the demand for magnesium alloy extruded materials and forgings in the domestic market will increase by about 10% per year before 2020. The demand for magnesium alloy extruded materials will reach about 80000 tons and the demand for magnesium alloy forgings will exceed 50000 tons by 2020. The market prospect is good. The investment profit rate of this project is 8.5%, and the investment payback period is 13 years.