Teri Magnesium advances efficient development of salt lake magnesium resources
2025-03-18 16:21:12 [Print]
This year to date, Qinghai Salt Lake Teri Magnesium Co., Ltd. has sold 210,000 auto parts, energy storage shells, and related products, achieving a significant increase in revenue. The company is strengthening its foundation in the efficient development of salt lake magnesium resources by building production lines for magnesium alloy sheets, profiles, and magnesium-based hydrogen storage materials.
Teri Magnesium is integrating upstream and downstream resources to create a seamless platform for R&D, pilot testing, and mass production. The company has established a full-process production line covering die casting, surface treatment, machining, and powder coating. It is strategically targeting the automotive, communications, and new energy storage sectors, with key clients including BYD, Beijing Automobile, Chery Automobile, Quanfeng Automobile, and Jianghuai Automobile. The company is securing orders for new energy vehicle powertrains and body structures while aligning production with market demand and project timelines. Leveraging the advantages of the Nanjing Economic Circle, Teri Magnesium is expanding into the military sector, collaborating with leading domestic radar research institutions, and aiming to obtain national military standard certification within the year. The company is also pursuing new clients in electronics and aerospace to further diversify its industrial footprint.
As a key player in the salt lake magnesium-based materials industry, Teri Magnesium is advancing research on magnesium-based hydrogen storage materials and expanding the market for magnesium alloy sheets and profiles. The company has completed the design and trial production of hydrogen storage materials and is building a complete industrial chain from primary magnesium production to deep processing. It has already delivered samples to major clients such as HP, Lenovo, and Tsinghua Tongfang and expects widespread adoption in the 3C electronics, laptop, new energy vehicle, and communications sectors in the first half of this year, with a production capacity of 20 tonnes per month.
Additionally, in collaboration with top research institutes and universities, Teri Magnesium is developing high-performance magnesium alloys and hydrogen storage materials. The company is also investing in magnesium alloy smelting projects, enhancing efficiency through resource integration, and reducing costs. With a focus on green, low-carbon, and sustainable development, the company is accelerating technological advancements and capacity expansion to strengthen its competitive edge.
Teri Magnesium is integrating upstream and downstream resources to create a seamless platform for R&D, pilot testing, and mass production. The company has established a full-process production line covering die casting, surface treatment, machining, and powder coating. It is strategically targeting the automotive, communications, and new energy storage sectors, with key clients including BYD, Beijing Automobile, Chery Automobile, Quanfeng Automobile, and Jianghuai Automobile. The company is securing orders for new energy vehicle powertrains and body structures while aligning production with market demand and project timelines. Leveraging the advantages of the Nanjing Economic Circle, Teri Magnesium is expanding into the military sector, collaborating with leading domestic radar research institutions, and aiming to obtain national military standard certification within the year. The company is also pursuing new clients in electronics and aerospace to further diversify its industrial footprint.
As a key player in the salt lake magnesium-based materials industry, Teri Magnesium is advancing research on magnesium-based hydrogen storage materials and expanding the market for magnesium alloy sheets and profiles. The company has completed the design and trial production of hydrogen storage materials and is building a complete industrial chain from primary magnesium production to deep processing. It has already delivered samples to major clients such as HP, Lenovo, and Tsinghua Tongfang and expects widespread adoption in the 3C electronics, laptop, new energy vehicle, and communications sectors in the first half of this year, with a production capacity of 20 tonnes per month.
Additionally, in collaboration with top research institutes and universities, Teri Magnesium is developing high-performance magnesium alloys and hydrogen storage materials. The company is also investing in magnesium alloy smelting projects, enhancing efficiency through resource integration, and reducing costs. With a focus on green, low-carbon, and sustainable development, the company is accelerating technological advancements and capacity expansion to strengthen its competitive edge.
Magnesium Ingot 99.95%min EXW China
Unit:RMB/mt
China's magnesium ingot producers' inventory statistics by province by month
Unit: mt
