In April, heroes gathered in Rongcheng, where magnesium shone like crimson flowers against brocade robes. From afar, they united in purpose, devising long-term strategies, and conversed under the shared spring breeze, their words rising above the clouds. From April 16 to 17, 2026, 14th Magnesium Summit, hosted by Asian Metal and co-organized by Shanxi Fuxiangdi New Materials Co., Ltd. and Anhui Huanyue Material Technology Co., Ltd., was held in grand style in Chengdu, Sichuan. This year's summit adopted a comprehensive perspective on the entire industrial chain, covering key topics such as magnesium ingots, magnesium powder, magnesium alloys, magnesium alloy particles, aluminum alloys, titanium sponge, magnesium alloy die-casting, extruded profiles, the automotive industry, and magnesium scrap. By pooling collective wisdom to explore industry trends and consolidating diverse insights to chart a clear course, the summit received strong support from magnesium professionals worldwide. Over 300 representatives from more than ten countries—including China, the United States, Canada, Austria, the Netherlands, Russia, Germany, South Korea, India, and Japan—joined this grand event. Global magnesium leaders gathered to discuss "magnesium matters," jointly discern the industry's macro trends, and inaugurate a new chapter of future development.

At 9:00 AM of April 17, Mr. Jiang Jiawei, Content Director of Asian Metal, announced the official opening of the summit as the host, extending a warm welcome and heartfelt thanks to both new and old friends in attendance. Looking back on 2025, despite global economic pressures and geopolitical uncertainties, the magnesium industry demonstrated remarkable resilience amid waves of supply-demand restructuring and technological revolution. From the structural revolution of integrated die-casting for new energy vehicles to the upgrading wave of lightweight electric two-wheelers, magnesium-based materials—including magnesium alloys and alloy particles—are defining the future as strategic materials, leveraging their outstanding "light, tough, and low-carbon" characteristics. Looking ahead to 2026, key questions arise: How can we balance supply and demand from a holistic perspective? How can innovation drive new applications? How can we connect globally with an open attitude, enhance value through advanced craftsmanship, and pioneer new frontiers with cutting-edge technology?

Subsequently, the summit moved into its opening address session. First, Mr. Chai Juncai, Chairman of Shanxi Fuxiangdi New Materials Co., Ltd., delivered the opening speech. He noted that the current profound restructuring of the global industrial landscape presents the magnesium industry with both transformation challenges and multiple strategic opportunities—ranging from new energy vehicles and lightweight manufacturing to 3C electronics and hydrogen energy storage. Under the theme "Discussing Magnesium Matters, Gaining Insight into the Development Direction of the Magnesium Industry," the summit focused on core topics such as magnesium powder market trends, low-carbon development paths, automotive lightweighting, applications of magnesium alloys in 3C products, and magnesium-based hydrogen storage. He emphasized that only through innovation-driven growth, open cooperation, and collective effort can China's magnesium industry advance toward the mid-to-high end of the global value chain.

Shanxi Fuxiangdi has been deeply engaged in the field of magnesium-based new materials for nearly two decades and has grown into a national "Little Giant" enterprise specialized in niche sectors and a national high-tech enterprise. Guided by the principle of "Party building leading industrial prosperity," the company steadfastly pursues an integrated development path of intelligence, high-end orientation, and green transformation. On the intelligence front, Fuxiangdi pioneered the deployment of intelligent production equipment in the industry, established digital smart workshops, and achieved full-process automated and visualized control—boosting annual output by 20%, reducing labor costs by 70%, and significantly enhancing production efficiency and product stability. On the high-end breakthrough front, the company has mastered key technologies for producing high-purity magnesium powder, holds over 70 patents, participated in formulating 4 national standards and 4 group standards, and its core product—milled magnesium powder—was honored as a "Shanxi Premium Product." Meanwhile, under the guidance of top-tier experts such as Academician Ding Wenjiang and Academician Pan Fusheng, the company co-built a research pilot base, successfully developed new magnesium-based solid-state hydrogen storage and release materials, and opened a brand-new track for magnesium materials in new energy storage. On the green development front, Fuxiangdi actively implements the "dual carbon" strategy, having been recognized as a green manufacturing factory and an advanced-level smart factory in Shanxi Province, thus achieving synergistic economic, social, and ecological benefits.

Following that, Mr. Cao Changgao, General Manager of Anhui Huanyue Material Technology Co., Ltd., delivered the opening speech. Looking back on 2025, the magnesium industry continuously reshaped its supply-demand patterns, upgraded technologies iteratively, and endured imbalances in the aluminum-magnesium price spread—all while demonstrating strong resilience. Beginning in 2026, geopolitical instability—including the Russia-Ukraine war and shifting dynamics in the Middle East affecting the magnesium sector—has exerted greater pressure on the industry. We all face the same questions: how to survive and how to break through? He expressed hope that through this conference, attendees would find directions for breaking deadlock and move forward together against the headwind.

With the nation's increasing emphasis on lightweighting in electric two-wheelers and related fields, Anhui Huanyue has established a coordinated production-sales framework with "Shanxi Jun Magnesium as the sales entity and Anhui Huanyue as the production entity," focusing on the R&D, production, and market promotion of magnesium alloy particles. Through two critical upgrades of production equipment, the company has optimized process efficiency and product stability, currently achieving a monthly supply capacity of 1,200 tons, providing reliable downstream customers with stable and dependable products. In the long run, the application of magnesium particles in semi-solid forming processes will encounter vast development opportunities: on the one hand, the state's emphasis on lightweighting in manufacturing is continuously growing, with widespread promotion and application in new energy vehicles, electric two-wheeler covers, robotics, low-altitude economic equipment, and other areas; on the other hand, as semi-solid forming technology continues to develop and mature, its manufacturing equipment will become increasingly stable and refined. Mr. Cao firmly believes that magnesium particles will realize greater value and play a more important role in the field of magnesium applications.

Next, the summit entered its presentation session. Mr. Zhi Weijun, General Manager of the Magnesium Products Division of Baowu Magnesium Technology Co., Ltd., delivered an excellent report titled "Baowu Magnesium Industry Development and Product Development Introduction." As a global leader in the field of light metal materials, Baowu Magnesium possesses complete product R&D and manufacturing capabilities. After more than three decades of dedicated development, the company has leveraged its deep accumulation in raw materials to actively expand downstream into the field of lightweight components, successfully establishing a complete magnesium industry chain covering "dolomite mining, primary magnesium smelting, magnesium alloy melting, magnesium alloy processing, and magnesium alloy recycling," while also forming a distinctive product matrix featuring "high-performance aluminum alloys and aluminum extrusion processing." Mr. Zhi pointed out in his report that with the deepening trend of lightweighting in vehicles such as cars and aircraft, the multi-material mix has become the industry's major direction; the continuous upgrading of magnesium-based material technologies is opening broad prospects for the widespread application of magnesium components.

Immediately after, Mr. Norman Chan, Chief Technology Officer and Executive Director of Ka Shui International Holdings Limited, delivered an excellent report titled "Redefining Lightweighting Through Materials Innovation----Kashui Flame-retardant, High Thermal Conductivity & Corrosion Resistant Special Magnesium Alloy Solutions" He pointed out that driven by the dual forces of the "dual carbon" goals and smart manufacturing, magnesium alloys are reaching a critical inflection point where they transition from a potential material to a mainstream one. However, traditional magnesium alloys face core pain points such as flammability, easy oxidation, and poor thermal conductivity. Through the synergistic effect of rare earth elements, a dense and stable composite oxide film can be formed, significantly increasing the ignition temperature while substantially enhancing thermal conductivity to levels approaching or matching those of some aluminum alloys. Mr. Chan expressed his hope that with the joint efforts of industry professionals, lighter, stronger, and safer magnesium alloys would create more competitive future products. Founded in Hong Kong in 1980, Jiawei Group has long been committed to providing leading product solutions for the automotive, 3C, and home furnishing industries, with core businesses covering magnesium, aluminum, and zinc alloy die-casting and injection molding. The group has multiple production bases in Huizhou, Shenzhen, Suzhou, Wuhu, and Tijuana, Mexico, as well as a sales branch in the United States, covering a total area of over 320,000 square meters. It is listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 822).

Subsequently, Mr. Wang Qingshan, Secretary of the Party Leadership Group and Director of the Qingyang County Commerce Bureau, delivered an excellent report titled "Special Report on the Magnesium Industry in Qingyang County, Anhui Province." Qingyang County has designated the magnesium industry as its top-priority industry, striving to build world-class production, application, innovation, and talent bases for magnesium-based new materials. The magnesium industry is embracing historic development opportunities and an explosive growth phase. Studies show that for every 10% reduction in vehicle weight, range increases by 5%-8%, amplifying the "value of weight reduction" of magnesium alloys. Leading automakers such as Tesla, SAIC, Geely, Seres, and Chery have already taken the lead in deploying magnesium alloy components, particularly medium-to-large components such as seat frames, electric drive housings, and rear floors, which are gradually being substituted. The mandatory implementation of the new national standard for electric two-wheelers, which requires that the total mass of plastic parts not exceed 5.5% of the vehicle's mass and that the total mass of lithium-battery and lead-acid battery vehicles not exceed 55 kg and 63 kg respectively, directly drives the application of magnesium alloys in the electric bicycle field. Qingyang is home to the world's top magnesium producer—the Anhui Baomei project invested by China Baowu has been fully commissioned, with an annual production capacity of 300,000 tons of magnesium and magnesium alloys. Magnesium alloy production exceeded 30,000 tons in 2025, with a planned output of over 80,000 tons in 2026, and a new 30,000-ton-per-year magnesium particle production line is planned for 2026. As a provincial-level demonstration base for magnesium-based new materials for automotive lightweighting, Qingyang has already established deep cooperation with OEMs such as Chery, Geely, and JAC in the development of magnesium alloy components, providing a unique market foundation and strong momentum for the development of its magnesium industry.

After the coffee break, Mr. Thomas I. Rosensweet, President of Newport Metals Ltd. in the United States, presented an excellent report titled "U.S. Magnesium Anode Market Outlook - Opportunities, Challenges, and Value Chain Evolution." As the world's largest magnesium anode consumer market, U.S. demand for extruded and cast magnesium anodes is being strongly driven by anti-corrosion investments in oil and gas pipelines, maritime, and infrastructure sectors. The global D-type magnesium anode market was approximately $468 million in 2024 and is expected to continue expanding at a compound annual growth rate of 5.3%. However, the market outlook also brings serious challenges, primarily as U.S. tariff mechanism reforms are profoundly reshaping global supply chains—the current tariff framework and potential policy adjustments increase uncertainty in import costs, forcing the value chain to restructure from relying solely on low-cost imports from China and other regions toward regionalization and localization, directly compressing profit margins in traditional trade models. Looking ahead, Mr. Rosensweet believes that although trade barriers will raise market consolidation and compliance risks in the short term, they also create a strategic window for U.S. domestic manufacturing and nearshore sourcing, compelling technological upgrades and the development of high-value-added extruded anode products, thereby defining a new competitive landscape amid rising protectionism.

Subsequently, Mr. Zhao Xukai, General Manager of Bada New Materials Co., Ltd., delivered an excellent report titled "Application of Magnesium Alloy Die-Casting in New Energy Vehicles." Mr. Zhao noted that the state, through policies such as the "Limits of Energy Consumption for Electric Vehicles," is strongly promoting automotive lightweighting. Magnesium alloys demonstrate outstanding performance in power saving, reducing road wear, and enhancing driving safety; more critically, the current aluminum-magnesium price ratio has reached a historic low of about 0.75, achieving a dual breakthrough in performance and cost. The use of magnesium alloys in new energy vehicles is far higher than in fuel vehicles, with the average level approximately two to four times that of fuel vehicles. Especially in mid-to-high-end and flagship models, magnesium usage has reached 25 to 45 kilograms, driven by the urgent need to reduce power consumption and increase range. Magnesium alloys are poised to become the next-generation lightweight engineering material due to their five core advantages: high strength—achieved at a very high level through advanced alloying technologies; excellent creep resistance—maintaining structural stability under high temperatures; enhanced corrosion resistance—achieving levels close to stainless steel through special treatments; superior castability—suitable for manufacturing complex components; and significantly enhanced fire resistance. Looking ahead, whether in new energy or fuel vehicles, magnesium alloy usage will continue to grow, bringing enormous market opportunities to the magnesium industry. Finally, Mr. Zhao stated that Bada New Materials Co., Ltd., with nearly 30 years of deep cultivation in the magnesium-aluminum alloy field, has adhered to the spirit of craftsmanship since its inception in 1997, continuously promoting industrial upgrading and technological innovation, and has become a leader in lightweight materials, writing a remarkable and glorious chapter.

Immediately after, Mr. Waldiney Domingos, Founder and CEO of SIMON Engenharia from Germany, delivered an excellent report titled "Life Cycle Assessment and Process Route Analysis of Primary Magnesium Production." Mr. Domingos pointed out that magnesium can be produced through various routes such as the Pidgeon process, electrolysis, Timminco process, and Bolzano/Ravelli/RIMA process, each with significant differences in energy consumption, cost, and emissions. The Pidgeon process is the most widely used but suffers from high energy consumption and high carbon emissions, especially when coal is used as the energy source. The electrolysis and Timminco processes are more continuous and industrialized but are highly dependent on electricity and require substantial capital investment. The Bolzano/Ravelli/RIMA process, as an improved thermal reduction route, performs better in terms of efficiency and emissions, particularly when using clean energy. Magnesium recycling (induction remelting) represents the lowest carbon emission method but is limited by scrap supply and cannot completely replace primary production. A key conclusion is that dolomite calcination generates 6-9 kg CO? per kg of magnesium as unavoidable baseline emissions, so further emission reductions rely primarily on the energy mix and upstream raw materials. Energy choice is crucial—coal-based energy adds 12-20 kg CO? per kg of magnesium, while hydropower contributes less than 1 kg CO? per kg of magnesium, significantly reducing total emissions. Overall, by combining efficient thermal processes with green energy and low-carbon ferrosilicon, SIMON's solutions can achieve approximately 70% emission reductions compared to traditional magnesium production routes.

Subsequently, Mr. Zhu Zhiwei, Deputy General Manager of Shaanxi Yulin Magnesium Industry (Group) Co., Ltd., delivered an excellent report titled "Observations on the Rebalancing of the Magnesium Metal Market Supply-Demand and Export Patterns." In 2025, China's magnesium metal output grew by 6.6% year-on-year, accounting for approximately 89.2% of the global share. The annual average domestic price of primary magnesium was 16,444.49 RMB/ton, a year-on-year decrease of 9.52%, while the magnesium-to-aluminum price ratio fell to 79.4%, further highlighting the cost advantage of magnesium metal. Market prices have returned to being supply-demand driven, attracting more capital attention. Consumption growth has mainly come from processing applications and increased demand for aluminum alloys in the automotive industry: in 2025, domestic passenger car production and sales reached 30.27 million and 30.103 million units, respectively, with new energy vehicles accounting for 52.3%. The widespread application of magnesium alloy die-castings in new energy vehicles has opened new growth points for magnesium metal's use in the automotive industry. Meanwhile, electric two-wheelers, driven by the "55kg weight limit + ≤5.5% plastic limit" policy, have experienced forced "magnesium substitution for plastic/aluminum," directly pulling demand for magnesium alloys. Humanoid robots present promising prospects for magnesium alloy lightweighting, and breakthroughs in magnesium-based solid-state hydrogen storage materials, along with applications of magnesium alloy formwork in construction, bring new opportunities for the magnesium industry. In terms of exports, in 2025, China exported 447,600 tons of various magnesium products, a year-on-year decrease of 2.56%, with the cumulative value down 17.15% year-on-year. Historical data show that overseas consumption of magnesium metal accounts for approximately 40-50% of Chinese output. Export volumes have long hovered around 400,000-500,000 tons, with stable demand in overseas markets. The declining share of exports in recent years is mainly due to the gradual increase in domestic applications of magnesium alloys, while overseas demand for primary magnesium remains relatively stable but applications of magnesium alloys are approached cautiously. Looking ahead, China, as the world's largest production region and most active application market for magnesium metal, is ushering in a golden period for magnesium applications. Global demand for magnesium in aluminum and steel sectors remains stable, magnesium ingot exports will exhibit slight fluctuations on a stable basis, while exports of magnesium alloy materials may continue to decline. Magnesium powder demand depends on whether emerging markets can sustain their growth momentum. Against the backdrop of the "dual carbon" goals, users of magnesium materials generally expect low-carbon-footprint raw materials, making the reduction of carbon content in magnesium products a top priority. Compared with the mature aluminum and steel industries, the magnesium industry urgently needs to strengthen upstream-downstream collaboration and intra-industry cooperation, continuously green and smarten production and processing technologies, and tap more potential in emerging fields such as lightweight substitution and energy storage, to achieve a "magnesium" brilliant future.

After that, Mr. Tan Yangchun, General Manager of Anhui Meglihao Precision Manufacturing Co., Ltd., delivered an excellent report titled "Application and Prospect Analysis of Magnesium Alloys." Since 2023, electric bicycle production has surpassed that of traditional bicycles, accounting for over 55% in 2025. Although output fell in 2024 due to the new national standard, inventory, and export fluctuations, it rebounded strongly in 2025 driven by trade-in policies. The new national standard for electric bicycles (GB 17761-2024) came into effect on September 1, 2025, with core requirements including: plastic components shall not exceed 5.5% of the vehicle's mass (≤3.025kg for lithium battery vehicles, ≤3.465kg for lead-acid battery vehicles), and total vehicle weight shall not exceed 55kg for lithium battery models and 63kg for lead-acid models. The new standard accelerates industry consolidation and the elimination of old products, forcing lightweight and intelligent upgrades. Based on China's current annual production capacity and an average use of 1kg of magnesium per bicycle, the newly added demand for magnesium alloys in bicycles would exceed 65,000 tons. In the field of humanoid robots, the "Humanoid Robot Industry Research Report" released at the 2024 World AI Conference predicts that China's humanoid robot market could expand to 75 billion RMB by 2029, accounting for 32.7% of the global market, and reach 300 billion RMB by 2035. The amount of magnesium alloy used for casings per humanoid robot is expected to be around 13.7kg, and over the long term, with an estimate of 1 million units, the resulting magnesium consumption would be approximately 13,700 tons. Driven by policies such as the "Energy-Saving and New Energy Vehicle Technology Roadmap 2.0," demand for magnesium alloys and primary magnesium in China's passenger car industry will grow significantly from 2025 to 2030, with a projected compound annual growth rate of 28.1% from 2022 to 2030. Magnesium alloys offer significant weight reduction, shorten production cycles by over 30% compared to aluminum alloys, and enhance cost competitiveness at scale. In December 2024, the Ministry of Industry and Information Technology issued the "Guidelines for the Development of Magnesium Alloy Materials for Low-Altitude Aircraft," igniting transformative change across the entire industry chain. The document explicitly requires "achieving a self-sufficiency rate of over 95% for aviation magnesium alloys by 2027" and establishes a special fund of 3 billion RMB to support R&D in magnesium recycling. Driven by lightweighting and cost advantages, the state promotes the substitution of aluminum with magnesium. Many domestic manufacturers of bicycles, electric bicycles, motorcycles, mobility scooters, and wheelchairs have already begun replacing materials with magnesium alloys in bulk, achieving significant breakthroughs in components such as wheels, frames, front forks, handlebars, pedals, stems, instrument panels, mudguards, windshields, footrests, and saddle bases, and the market is poised for explosive growth. Unlike traditional aluminum or steel frames, magnesium alloy one-piece die-cast frames have no welds, can feature complex hollow designs, offer exceptional aesthetics, and achieve precision deviations at least twenty grades higher than welded frames due to single-step precision molding. Furthermore, automation has increased production efficiency and shortened delivery cycles by an average of 45 days. Efficiency is at the core of manufacturing; as magnesium alloy frames enter large-scale production and deeper automation, their costs will decrease by approximately 20% compared to traditional aluminum or magnesium alloy welded frames. History shows that innovations in new materials and processes bring disruptive revolutions. As the advantages of magnesium alloys gain wider consumer acceptance, their applications in bicycles, electric bicycles, motorcycles, electric vehicles, and light aviation will become increasingly common, with unprecedentedly broad market prospects.

Subsequently, Mr. Ma Zuopo, General Manager of Henan Dewei Technology Co., Ltd., delivered an excellent report titled "New Progress in Forged Magnesium Alloy Wheel Hub Technology and Applications." Magnesium alloy automotive wheel hubs combine high strength, high impact resistance, and excellent fatigue resistance. Their low weight effectively reduces inertial energy, decreases the torque required for driving, enables rapid acceleration and responsive braking, and offers superior heat dissipation with low temperature dependence, significantly extending tire life. Crucially, as unsprung mass, each kilogram saved on wheel hubs is equivalent to a ten-kilogram reduction on the vehicle body—magnesium alloy wheels weigh about 40% less than aluminum alloy wheels, thereby reducing overall vehicle load and energy consumption, achieving fuel savings of 7% to 15%, while improving the dynamic response of the suspension system for superior handling. Dewei possesses the only patented technology process in China for the shortest one-step forward-reverse extrusion forging of magnesium wheel hubs, leading the industry by 3 to 5 years. The traditional multi-step forging process requires multiple presses and multiple sets of molds, with repeated demolding and remolding taking 8 to 10 minutes per piece; in contrast, Dewei's one-step forward-reverse extrusion forging process uses a single press and one set of molds, with a single mold loading and unloading taking only 1.5 to 2.5 minutes, achieving a dramatic leap in efficiency. This technological breakthrough not only demonstrates China's independent innovation capability in magnesium alloy processing but also provides a "Chinese solution" for global automotive lightweighting that combines economic efficiency and performance advantages. Looking ahead, as processes mature and scale effects are unleashed, forged magnesium alloy wheel hubs are expected to move from high-end markets to broader adoption, driving a new era of green mobility with lighter, stronger, and safer attributes.

Finally, Asian Metal invited well-known domestic and international magnesium companies to participate in a summit discussion session. The discussion was hosted by Mr. Gao Bing, General Manager of Yi'an Yunhai Technology Co., Ltd. The participating panelists included Mr. Su Haibo, General Manager of Fugu Xintian Magnesium Alloy Co., Ltd.; Mr. Wang Shaowen, Global Purchasing Director of H?sch Metallurgy GmbH in Germany; Mr. Hu Xiongguang, Chairman of Zhejiang Lufei Magnesium Industry Co., Ltd.; Mr. Chai Jin, Deputy General Manager of Shanxi Fuxiangdi New Materials Co., Ltd.; Mr. Yang Qijia, Deputy General Manager of Anhui Huanyue Material Technology Co., Ltd. (Shanxi Jun Magnesium); and Mr. Waldiney Domingos, Founder and CEO of SIMON Engenharia from Germany. These industry elites engaged in insightful and brilliant in-depth discussions on hot topics such as the forecast of magnesium prices in 2026 amid intertwined energy costs and supply-demand patterns, the current status and development trends of global magnesium powder demand, the application prospects of magnesium-based hydrogen storage materials in magnesium products, the demand landscape and future outlook for magnesium markets in Europe and the United States, the pace of magnesium alloy capacity release and long-term incremental projections, new opportunities for magnesium applications in two-wheelers and power tools driven by the widening aluminum-magnesium price gap, the new blue ocean for semi-solid magnesium alloy particles driven by new energy vehicles, and the potential golden development period for magnesium extruded products amid the lightweighting wave. This discussion brought global wisdom to one venue and synthesized diverse voices from the entire industrial chain into a powerful resonance. The prosperity of the magnesium industry lies not in going it alone, but in joint planning; not in maintaining the status quo, but in pioneering innovation. From primary magnesium smelting to sophisticated processing, from traditional applications to cutting-edge breakthroughs, each exchange of views has served as a footnote to the industry's progress, and every consolidation of consensus forms the backdrop of its future picture. Although the summit is short, its resonance endures; the magnesium journey, though long, will be achieved through persistent effort. May industry colleagues take this as a starting point, work together with one heart, forge the vast expanse of lightweighting with the fire of innovation, and embrace a green and low-carbon "magnificent" tomorrow with open arms.

At 18:00 of April 17, Asian Metal will continue, as always, with enthusiasm and dedication, preserving its original aspiration and forging ahead, committed to building an "international platform, value-creating summit." With professional expertise deeply cultivated in the industry and an open embrace connecting the world, we look forward to next year's spring breeze, when we will once again gather with all of you at the 15th Magnesium Summit to discuss new magnificent chapters for magnesium. The magnesium journey, though long, will be completed through persistent effort; the summit may end, but the fellowship endures. May global magnesium industry peers take this as a new starting point, join hands to break through the waves, illuminate the lightweighting future with the light of innovation, and forge a glorious era of green and low-carbon development through the power of cooperation.