Asian Metal visits Fugu Xintian

On the afternoon of December 25th, 2025, Ms. Daphne Zhang, Consultant & Senior Product Manager of Magnesium Market at Asian Metal, visited Fugu Xintian Magnesium Alloy Co., Ltd. She held discussions with General Manager Mr. Haibo Su regarding the cost situation and development prospects of magnesium plants in Shaanxi. Mr. Su stated that the magnesium industry is currently at a major historical inflection point, transitioning from cost competition to value creation and moving from cyclical fluctuations toward structural growth. The widening magnesium-aluminum price gap is not only a short-term substitution window but also a significant transformation that triggers a shift in downstream design thinking, accelerating the transition of magnesium alloys from "optional" to "essential." Furthermore, the dual engines of two-wheeler and new energy vehicle applications represent how industry practitioners are redefining the future boundaries of magnesium as a strategic material through deep innovation in lightweight and integrated design.

Established in 2008, Fugu Xintian Magnesium Alloy Co., Ltd. is an enterprise specializing in primary magnesium production and supporting circular industrial chains. Located in the heart of the Shenfu Coalfield Development Zone, a national energy-heavy chemical industry base, and within the Gaoshan Industrial Concentration Area of Xinmin Town, Fugu County, the company has built an annual production line of 50,000 tons of magnesium metal (including 30,000 tons using the new vertical retort process). Its supporting gas production workshop can produce 600,000 tons of semi-coke and 40,000 tons of tar annually, and it operates a ferrosilicon production line equipped with a 40,500 kVA furnace. The company achieves an annual total output value of 1.2 billion yuan and has formed an emerging enterprise integrating resource transformation, circular comprehensive utilization, and industrial chain transformation and upgrading.

Xintian Magnesium Alloy consistently follows and utilizes Asian Metal's price information as a reference for its supply and sales price indices, highly commending the platform for its timely, rigorous, and objective market reporting. Furthermore, the company acknowledges the past Magnesium Summits organized by Asian Metal and will actively participate in the 14th Magnesium Summit to be held by Asian Metal in Chengdu on April 16-17th, 2026.