Baowu Magnesium and Hyfun Energy ink magnesium alloy cooperation agreement
2024-01-15 11:54:55 [Print]
Baowu Magnesium has entered into a strategic cooperation agreement with Shanghai Hyfun Energy Technology Co., Ltd. on the production and processing of magnesium alloy, the key raw material used for solid-state hydrogen storage. The two sides will also cooperate on the R&D and production of magnesium alloy materials as well as the safe processing and recycling of magnesium pellet. The two companies aim to work together for mutual benefit by making use of their respective advantages to promote the application of magnesium-based solid-state hydrogen storage equipment and to boost market share.
Magnesium Alloy AZ91D FOB China
Unit:USD/mt
China magnesium alloy producers' number MoM output increase statistics by month
Unit: pcs
