Magnesium Industry Annual Report 2025
2026-02-28 08:31:32 【Print】
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Contents
1. Magnesium ingot industry overview 5
1.1 Definition 5
1.2 Type 5
1.2.1 By Grade 5
1.2.2 By Weight 5
1.3 Distribution 5
1.4 Application 5
1.4.1 By Grade 5
1.4.2 By Weight 6
2. Economy and Policy 6
2.1 Chinese Market 6
2.1.1 China's ten nonferrous metals production up by 7.1% YoY in first eleven months 6
2.1.2 Fugu's magnesium production up 38.67% YoY in Q1-Q3 6
2.1.3 China's Jan-Feb production of ten nonferrous metals up 1.4% YoY 6
2.1.4 China to impose export controls on certain magnesium materials from Dec 1 6
2.1.5 China launches third batch of third round of central environmental inspections 6
2.1.6 Five ministries issue joint notice to curb proxy export tax evasion 6
2.1.7 China launches world-first precision denitration technology for magnesium smelting 6
2.1.8 China launches fourth batch of third round of environmental inspections 7
2.1.9 China launches nationwide crackdown on illegal solid waste disposal 7
2.1.10 China's H1 foreign trade sets new high 7
2.1.11 China steps up crackdown on strategic mineral smuggling 7
2.1.12 China's nonferrous metals industry sees steady growth in H1 2025 7
2.1.13 China's nonferrous metals growth plan to boost magnesium alloy use 7
2.2 International Market 7
2.2.1 Canada Extends Tariff Relief on Ukrainian Steel Imports for One Year 7
2.2.2 EU selects 47 strategic projects to secure access to key minerals 7
2.2.3 Uzbekistan Imposes Export Taxes on Metal Scrap and Copper 8
2.2.4 The EU has added 13 new overseas critical mineral projects 8
2.2.5 China-U.S. trade talks in Kuala Lumpur deliver positive results 8
3. Market Movements 8
3.1 Domestic Market 8
3.1.1 Magnesium ingot 99.9%min EXW China 8
3.1.2 Magnesium Alloy AZ91D EXW China 9
3.1.3 Magnesium Powder 99.9%min EXW China 11
3.2 Export Market 13
3.2.1 Magnesium Ingot 99.9%min FOB China 13
3.2.2 Magnesium Alloy AZ91D FOB China 15
3.2.3 Magnesium Powder 99.9%min FOB China 16
3.3 International Market 17
3.3.1 Magnesium Ingot 99.9%min in Warehouse Rotterdam 17
3.3.2 Magnesium ingot in Port India 19
3.3.3 Magnesium ingot 99.9%min Warehouse Russia 20
4. Company News 21
4.1 Anhui Baomei completes steel structure construction for dolomite transport project 21
4.2 Wutai pushes forward with magnesium materials projects 21
4.3 Fugu Yabo Carbon Magnesium Electric decreases magnesium ingot output 21
4.4 Victory Precision announces private placement for magnesium alloy products project 22
4.5 Fugu Jinwantong Third Plant stops magnesium ingot production 22
4.6 Zhengneng Group to build 300ktpa magnesium light alloy project 22
4.7 SYMIC signs two magnesium materials R&D projects 22
4.8 Liaoning approves provincial manufacturing innovation center for magnesium industry 22
4.9 Xunhui Electric Appliance to build precision automotive parts project 22
4.10 China sees major progress in latest round of mineral exploration 22
4.11 BOLE delivers 4000T semi-solid magnesium alloy injection molding machine 23
4.12 China's foreign trade up 5% YoY in 2024 23
4.13 Anhui to build automotive lightweight magnesium material industrial clusters 23
4.14 World's first SSM magnesium alloy wheel debuts in Chongqing 23
4.15 World's biggest magnesium hydride production line comes on stream in Yulin 23
4.16 Jiangxi Minglida's new industrial park inaugurated 23
4.17 Fugu Moyuan Magnesium plans to stop magnesium ingot production for equipment maintenance 23
4.18 Baowu Magnesium partners with Autoliv to tap magnesium alloy for automotive use 24
4.19 FAWAY to build Mg-alloy lightweight auto parts project 24
4.20 Fugu Fangzheng decreases magnesium ingot output 24
4.21 Fugu Tongyuan Magnesium stops magnesium ingot production for equipment maintenance 24
4.22 Teri Magnesium advances efficient development of salt lake magnesium resources 24
4.23 Xinzhou accelerates development of magnesium-based new materials industry 24
4.24 Shanxi Zhenxin Magnesium resumes magnesium ingot production 24
4.25 Jinchuan Hongtai Second Plant to stop magnesium ingot for equipment maintenance 24
4.26 Shenmu Sihai plans to resume production of magnesium ingots 24
4.27 Fugu Moyuan resumes magnesium ingot production 25
4.28 Shaanxi Sanxin Second Plant resumes magnesium ingot production 25
4.29 Fugu Wanxin Coal Chemical stops magnesium ingot production for equipment maintenance 25
4.30 Fugu Yabo stops magnesium ingot production for equipment maintenance 25
4.31 Shenmu Hengrun plans to resume magnesium ingot production 25
4.32 Fugu Yabo plans to resume magnesium ingot production 25
4.33 Fugu Jinchuan Hongtai Second Plant resumes magnesium ingot production 25
4.34 SERES debuts world's largest integrated die-cast magnesium alloy rear car body 25
4.35 Baowu Magnesium achieves year-on-year revenue growth 25
4.36 Wanfeng Auto Wheel reports revenue growth in Al/Mg alloy components sector 25
4.37 Lizhong Group signs cooperation agreement with Beixin Coatings and HEBUT 26
4.38 Newport Metals expecting an increasing buying activity in magnesium anode market 26
4.39 Wutai shuts down two non-coal mines 26
4.40 Wanfeng Auto Wheel reports revenue growth in Al/Mg alloy components sector 26
4.41 Fengmao Technology to build new auto parts plant in Jiaxing 26
4.42 Shanxi Zhenxin Xinda Magnesium Powder raises magnesium powder output 26
4.43 National magnesium alloy innovation center inaugurated in Linchuan 26
4.44 Nanyang Fusen Magnesium Powder decreases magnesium powder production 26
4.45 Baowu Magnesium and JAC Group sign strategic cooperation agreement 26
4.46 Hami Shengmei plans to resume magnesium alloy production 27
4.47 Fuhengdi recognized as advanced smart factory in Shanxi 27
4.48 Shanxi Yinguang Huasheng Magnesium raises magnesium ingot production 27
4.49 Wenxi Zhenxin Xinda Magnesium Powder raises magnesium powder output 27
4.50 Xinjiang promotes 162 mining rights projects 27
4.51 Many automakers promise to pay within 60 days 27
4.52 Joint lab for salt lake magnesium development inaugurated in Wuhan 27
4.53 Baosteel Metal increases sake in Baowu Magnesium to 26.53% 28
4.54 Mingmei Magnesium completes trial run of 6000-ton extrusion press 28
4.55 CNNC Jinghuan announces bid results for magnesium ingot 28
4.56 Baosteel Metal increases sake in Baowu Magnesium to 26.53% 28
4.57 Laiweimeite inks deals for magnesium alloy projects in Linchuan 28
4.58 Baowu Magnesium alloy products win provincial recognition 28
4.59 Fugu Yide Magnesium Alloy to stop magnesium ingot production 28
4.60 Zhongmei Honghai to build magnesium and alloy wheel project in Zhungeer Banner 28
4.61 Xiaomi and Huawei file patents related to magnesium alloys 28
4.62 Fugu Taida Coal Chemical to stop magnesium ingot production 29
4.63 Wanrong Sengang Metal Material ceases magnesium powder production 29
4.64 First vessels under construction for Anhui Baomei's dolomite shipping project 29
4.65 Alnera Aluminium expands focus on NEV components projects 29
4.66 Baowu boosts green and high-quality magnesium upgrade in Anhui 29
4.67 Fugu Yufeng Magnesium resumes magnesium ingot production 29
4.68 Sinyuan ZM secures NEV magnesium alloy components deal 29
4.69 Qingyang Baomei and Luyuan Group form strategic partnership 29
4.70 Zhongze Magnesium plans magnesium alloy project in Hami 29
4.71 Hami Shengmei Magnesium to recover magnesium alloy production 30
4.72 Fugu Wanxin Magnesium to restart magnesium ingot production 30
4.73 Fugu Taida to restart magnesium ingot production 30
4.74 Shenmu Moyuan Dingtai Magnesium increases magnesium ingot production 30
4.75 Fugu's H1 magnesium output slips 3.6% YoY 30
4.76 Fugu Yide Magnesium Alloy to resume magnesium ingot operation 30
4.77 Fugu Taida to restart magnesium ingot production 30
4.78 Shenmu Moyuan Dingtai Magnesium increases magnesium ingot production 30
4.79 Xinxiang Jinghua Magnesium to cut magnesium powder production 30
4.80 Inner Mongolia Zhengneng Chemical Group to decrease magnesium ingot production 30
4.81 Magnesium alloy demand to grow as China's new e-bike rules take effect 31
4.82 Shenmu Xingyiyuan Trading ceases magnesium ingot production 31
4.83 Shenmu Xinqing Magnesium to resume magnesium ingot operation 31
4.84 Yulin Tianlong Magnesium to start magnesium alloy production 31
4.85 Fugu Fangzheng increases magnesium ingot output 31
4.86 Yulin Wanyuan Magnesium to resume magnesium ingot production 31
4.87 Fugu's magnesium output down 5.5% YoY in Jan-Aug 31
4.88 Yunhai Magnesium completes trial run of large reduction tank 31
4.89 Baowu Magnesium to sell 40% stake in Yian Yunhai 31
4.90 Anhui Baomei Light Alloy boosts magnesium alloy production 31
4.91 Wuchan Zhongda Qixin Alloy Materials enhances magnesium ingot production 31
4.92 Kairuite (Liaoning) Metallurgical increases magnesium powder output 32
4.93 World's largest magnesium alloy injection molding machine comes online 32
4.94 Fugu Jujinbang Magnesium hikes magnesium ingot output 32
4.95 Yulin Wanyuan Magnesium raises magnesium ingot production 32
4.96 Fugu Jinchuan Hongtai Magnesium Alloy increases magnesium alloy output 32
4.97 Jia County Hengfeng Magnesium to increase magnesium alloy output 32
4.98 RIMA decreases magnesium ingot output 32
4.99 Xinjiang Tengxiang Magnesium Products increases magnesium ingot production 32
5. Producers Statistics 32
5.1 Chinese magnesium ingot producers' statistics 32
5.1.1 China's magnesium ingot producers' production capacity up by 7.88% YoY in 2025 32
5.1.2 China's magnesium ingot producers' operating rate up by 13.02% YoY in 2025 33
5.1.3 China's magnesium ingot producers' output up by 4.03% YoY in 2025 33
5.1.4 China's magnesium ingot producers' average inventory down by 39.76% YoY in 2025 33
5.2 China's magnesium alloy producers' statistics 34
5.2.1 China's magnesium alloy producers' production capacity up by 14.70% YOY in 2025 34
5.2.2 China's magnesium alloy producers' operating rate down by 6.31% YoY in 2025 34
5.2.3 China's magnesium alloy producers' output up by 18.80% YoY in 2025 34
5.2.4 China's magnesium alloy producers' average inventory down by 43.23% YoY in 2025 35
5.3 China's magnesium powder producers' statistics 35
5.3.1 China's magnesium powder producers' production capacity down by 4.15% YoY in 2025 35
5.3.2 China's magnesium powder producers' operating rate down by 11.12% YoY in 2025 35
5.3.3 China's magnesium powder producers' output down by 10.88% YoY in 2025 36
5.3.4 China's magnesium powder producers' average inventory down by 3.43% YoY in 2025 36
6 Customs Statistics 36
6.1 China's magnesium ingot export volume down by 5.54% YOY in 2025 36
6.2 China's magnesium alloy export volume up by 4.43% YOY in 2025 37
6.3 China's magnesium powder export volume down by 11.07% YOY in 2025 38
7 Supply and Demand Outlook 39
7.1 Magnesium Ingot 39
7.2 Magnesium Alloy AZ91D 39
7.3 Magnesium Powder 99.9%min 39
1. Magnesium ingot industry overview 5
1.1 Definition 5
1.2 Type 5
1.2.1 By Grade 5
1.2.2 By Weight 5
1.3 Distribution 5
1.4 Application 5
1.4.1 By Grade 5
1.4.2 By Weight 6
2. Economy and Policy 6
2.1 Chinese Market 6
2.1.1 China's ten nonferrous metals production up by 7.1% YoY in first eleven months 6
2.1.2 Fugu's magnesium production up 38.67% YoY in Q1-Q3 6
2.1.3 China's Jan-Feb production of ten nonferrous metals up 1.4% YoY 6
2.1.4 China to impose export controls on certain magnesium materials from Dec 1 6
2.1.5 China launches third batch of third round of central environmental inspections 6
2.1.6 Five ministries issue joint notice to curb proxy export tax evasion 6
2.1.7 China launches world-first precision denitration technology for magnesium smelting 6
2.1.8 China launches fourth batch of third round of environmental inspections 7
2.1.9 China launches nationwide crackdown on illegal solid waste disposal 7
2.1.10 China's H1 foreign trade sets new high 7
2.1.11 China steps up crackdown on strategic mineral smuggling 7
2.1.12 China's nonferrous metals industry sees steady growth in H1 2025 7
2.1.13 China's nonferrous metals growth plan to boost magnesium alloy use 7
2.2 International Market 7
2.2.1 Canada Extends Tariff Relief on Ukrainian Steel Imports for One Year 7
2.2.2 EU selects 47 strategic projects to secure access to key minerals 7
2.2.3 Uzbekistan Imposes Export Taxes on Metal Scrap and Copper 8
2.2.4 The EU has added 13 new overseas critical mineral projects 8
2.2.5 China-U.S. trade talks in Kuala Lumpur deliver positive results 8
3. Market Movements 8
3.1 Domestic Market 8
3.1.1 Magnesium ingot 99.9%min EXW China 8
3.1.2 Magnesium Alloy AZ91D EXW China 9
3.1.3 Magnesium Powder 99.9%min EXW China 11
3.2 Export Market 13
3.2.1 Magnesium Ingot 99.9%min FOB China 13
3.2.2 Magnesium Alloy AZ91D FOB China 15
3.2.3 Magnesium Powder 99.9%min FOB China 16
3.3 International Market 17
3.3.1 Magnesium Ingot 99.9%min in Warehouse Rotterdam 17
3.3.2 Magnesium ingot in Port India 19
3.3.3 Magnesium ingot 99.9%min Warehouse Russia 20
4. Company News 21
4.1 Anhui Baomei completes steel structure construction for dolomite transport project 21
4.2 Wutai pushes forward with magnesium materials projects 21
4.3 Fugu Yabo Carbon Magnesium Electric decreases magnesium ingot output 21
4.4 Victory Precision announces private placement for magnesium alloy products project 22
4.5 Fugu Jinwantong Third Plant stops magnesium ingot production 22
4.6 Zhengneng Group to build 300ktpa magnesium light alloy project 22
4.7 SYMIC signs two magnesium materials R&D projects 22
4.8 Liaoning approves provincial manufacturing innovation center for magnesium industry 22
4.9 Xunhui Electric Appliance to build precision automotive parts project 22
4.10 China sees major progress in latest round of mineral exploration 22
4.11 BOLE delivers 4000T semi-solid magnesium alloy injection molding machine 23
4.12 China's foreign trade up 5% YoY in 2024 23
4.13 Anhui to build automotive lightweight magnesium material industrial clusters 23
4.14 World's first SSM magnesium alloy wheel debuts in Chongqing 23
4.15 World's biggest magnesium hydride production line comes on stream in Yulin 23
4.16 Jiangxi Minglida's new industrial park inaugurated 23
4.17 Fugu Moyuan Magnesium plans to stop magnesium ingot production for equipment maintenance 23
4.18 Baowu Magnesium partners with Autoliv to tap magnesium alloy for automotive use 24
4.19 FAWAY to build Mg-alloy lightweight auto parts project 24
4.20 Fugu Fangzheng decreases magnesium ingot output 24
4.21 Fugu Tongyuan Magnesium stops magnesium ingot production for equipment maintenance 24
4.22 Teri Magnesium advances efficient development of salt lake magnesium resources 24
4.23 Xinzhou accelerates development of magnesium-based new materials industry 24
4.24 Shanxi Zhenxin Magnesium resumes magnesium ingot production 24
4.25 Jinchuan Hongtai Second Plant to stop magnesium ingot for equipment maintenance 24
4.26 Shenmu Sihai plans to resume production of magnesium ingots 24
4.27 Fugu Moyuan resumes magnesium ingot production 25
4.28 Shaanxi Sanxin Second Plant resumes magnesium ingot production 25
4.29 Fugu Wanxin Coal Chemical stops magnesium ingot production for equipment maintenance 25
4.30 Fugu Yabo stops magnesium ingot production for equipment maintenance 25
4.31 Shenmu Hengrun plans to resume magnesium ingot production 25
4.32 Fugu Yabo plans to resume magnesium ingot production 25
4.33 Fugu Jinchuan Hongtai Second Plant resumes magnesium ingot production 25
4.34 SERES debuts world's largest integrated die-cast magnesium alloy rear car body 25
4.35 Baowu Magnesium achieves year-on-year revenue growth 25
4.36 Wanfeng Auto Wheel reports revenue growth in Al/Mg alloy components sector 25
4.37 Lizhong Group signs cooperation agreement with Beixin Coatings and HEBUT 26
4.38 Newport Metals expecting an increasing buying activity in magnesium anode market 26
4.39 Wutai shuts down two non-coal mines 26
4.40 Wanfeng Auto Wheel reports revenue growth in Al/Mg alloy components sector 26
4.41 Fengmao Technology to build new auto parts plant in Jiaxing 26
4.42 Shanxi Zhenxin Xinda Magnesium Powder raises magnesium powder output 26
4.43 National magnesium alloy innovation center inaugurated in Linchuan 26
4.44 Nanyang Fusen Magnesium Powder decreases magnesium powder production 26
4.45 Baowu Magnesium and JAC Group sign strategic cooperation agreement 26
4.46 Hami Shengmei plans to resume magnesium alloy production 27
4.47 Fuhengdi recognized as advanced smart factory in Shanxi 27
4.48 Shanxi Yinguang Huasheng Magnesium raises magnesium ingot production 27
4.49 Wenxi Zhenxin Xinda Magnesium Powder raises magnesium powder output 27
4.50 Xinjiang promotes 162 mining rights projects 27
4.51 Many automakers promise to pay within 60 days 27
4.52 Joint lab for salt lake magnesium development inaugurated in Wuhan 27
4.53 Baosteel Metal increases sake in Baowu Magnesium to 26.53% 28
4.54 Mingmei Magnesium completes trial run of 6000-ton extrusion press 28
4.55 CNNC Jinghuan announces bid results for magnesium ingot 28
4.56 Baosteel Metal increases sake in Baowu Magnesium to 26.53% 28
4.57 Laiweimeite inks deals for magnesium alloy projects in Linchuan 28
4.58 Baowu Magnesium alloy products win provincial recognition 28
4.59 Fugu Yide Magnesium Alloy to stop magnesium ingot production 28
4.60 Zhongmei Honghai to build magnesium and alloy wheel project in Zhungeer Banner 28
4.61 Xiaomi and Huawei file patents related to magnesium alloys 28
4.62 Fugu Taida Coal Chemical to stop magnesium ingot production 29
4.63 Wanrong Sengang Metal Material ceases magnesium powder production 29
4.64 First vessels under construction for Anhui Baomei's dolomite shipping project 29
4.65 Alnera Aluminium expands focus on NEV components projects 29
4.66 Baowu boosts green and high-quality magnesium upgrade in Anhui 29
4.67 Fugu Yufeng Magnesium resumes magnesium ingot production 29
4.68 Sinyuan ZM secures NEV magnesium alloy components deal 29
4.69 Qingyang Baomei and Luyuan Group form strategic partnership 29
4.70 Zhongze Magnesium plans magnesium alloy project in Hami 29
4.71 Hami Shengmei Magnesium to recover magnesium alloy production 30
4.72 Fugu Wanxin Magnesium to restart magnesium ingot production 30
4.73 Fugu Taida to restart magnesium ingot production 30
4.74 Shenmu Moyuan Dingtai Magnesium increases magnesium ingot production 30
4.75 Fugu's H1 magnesium output slips 3.6% YoY 30
4.76 Fugu Yide Magnesium Alloy to resume magnesium ingot operation 30
4.77 Fugu Taida to restart magnesium ingot production 30
4.78 Shenmu Moyuan Dingtai Magnesium increases magnesium ingot production 30
4.79 Xinxiang Jinghua Magnesium to cut magnesium powder production 30
4.80 Inner Mongolia Zhengneng Chemical Group to decrease magnesium ingot production 30
4.81 Magnesium alloy demand to grow as China's new e-bike rules take effect 31
4.82 Shenmu Xingyiyuan Trading ceases magnesium ingot production 31
4.83 Shenmu Xinqing Magnesium to resume magnesium ingot operation 31
4.84 Yulin Tianlong Magnesium to start magnesium alloy production 31
4.85 Fugu Fangzheng increases magnesium ingot output 31
4.86 Yulin Wanyuan Magnesium to resume magnesium ingot production 31
4.87 Fugu's magnesium output down 5.5% YoY in Jan-Aug 31
4.88 Yunhai Magnesium completes trial run of large reduction tank 31
4.89 Baowu Magnesium to sell 40% stake in Yian Yunhai 31
4.90 Anhui Baomei Light Alloy boosts magnesium alloy production 31
4.91 Wuchan Zhongda Qixin Alloy Materials enhances magnesium ingot production 31
4.92 Kairuite (Liaoning) Metallurgical increases magnesium powder output 32
4.93 World's largest magnesium alloy injection molding machine comes online 32
4.94 Fugu Jujinbang Magnesium hikes magnesium ingot output 32
4.95 Yulin Wanyuan Magnesium raises magnesium ingot production 32
4.96 Fugu Jinchuan Hongtai Magnesium Alloy increases magnesium alloy output 32
4.97 Jia County Hengfeng Magnesium to increase magnesium alloy output 32
4.98 RIMA decreases magnesium ingot output 32
4.99 Xinjiang Tengxiang Magnesium Products increases magnesium ingot production 32
5. Producers Statistics 32
5.1 Chinese magnesium ingot producers' statistics 32
5.1.1 China's magnesium ingot producers' production capacity up by 7.88% YoY in 2025 32
5.1.2 China's magnesium ingot producers' operating rate up by 13.02% YoY in 2025 33
5.1.3 China's magnesium ingot producers' output up by 4.03% YoY in 2025 33
5.1.4 China's magnesium ingot producers' average inventory down by 39.76% YoY in 2025 33
5.2 China's magnesium alloy producers' statistics 34
5.2.1 China's magnesium alloy producers' production capacity up by 14.70% YOY in 2025 34
5.2.2 China's magnesium alloy producers' operating rate down by 6.31% YoY in 2025 34
5.2.3 China's magnesium alloy producers' output up by 18.80% YoY in 2025 34
5.2.4 China's magnesium alloy producers' average inventory down by 43.23% YoY in 2025 35
5.3 China's magnesium powder producers' statistics 35
5.3.1 China's magnesium powder producers' production capacity down by 4.15% YoY in 2025 35
5.3.2 China's magnesium powder producers' operating rate down by 11.12% YoY in 2025 35
5.3.3 China's magnesium powder producers' output down by 10.88% YoY in 2025 36
5.3.4 China's magnesium powder producers' average inventory down by 3.43% YoY in 2025 36
6 Customs Statistics 36
6.1 China's magnesium ingot export volume down by 5.54% YOY in 2025 36
6.2 China's magnesium alloy export volume up by 4.43% YOY in 2025 37
6.3 China's magnesium powder export volume down by 11.07% YOY in 2025 38
7 Supply and Demand Outlook 39
7.1 Magnesium Ingot 39
7.2 Magnesium Alloy AZ91D 39
7.3 Magnesium Powder 99.9%min 39
