Project Content: the annual output of magnesium die-casting is 10,000 tons, including three million sets of mobile phones shell, one million sets of notebook shell, 500,000 sets of CD and MD shell, 500,000 sets of digital cameras shell, two million sets of LCD and projectors, and 5,000 tons of magnesium alloy extrusion.

Project Resources: Qinghai Magnesium Science & Technology Co., Ltd currently has formed the production capacity with the annual output of 7,000 tons of magnesium and 3,200 tons of magnesium alloys, magnesium and magnesium alloys and has become a production base of the western region.

Construction Conditons: Haidong Region and the surrounding area have formed certain production scale of magnesium. A large amount of silicon and dolomite resources lead to the rapid development of magnesium metal industry in the national "11th Five-year Plan" period and is expected to form a production capacity of over 50,000 tons.

Production Technology: There is domestic mature technology, by means of which multiple series of magnesium alloys can be produced in accordance with market demand.

Market Prediction: In recent years, the consumption of magnesium alloy die-castings has maintained a sustained growth and die-castings are increasingly used in such industries as automobiles, aviation, electronics, etc. In this respect, Taiwan, China ranks in the forefront in the world. Currently, Taiwan's casting on capacity is still far from meeting the demand of the future market. The deep-processing of magnesium alloy has further widened the application scope of magnesium alloy and exerted the potential value of magnesium. The construction of magnesium alloy deep-processing project is the only effective way to extend the magnesium industry chain in the western region and render it stronger.

Investment Scale: The gross investment is 159 million Yuan.

Economic Benefits: It’s estimated that the project payback period will be 6.9 years (including the construction period).
Cooperation Method：joint ventures, cooperative and exclusive investment

Contact Method:
Contact Unit: Haidong Region Economic and Trade Commission
Contact: Ma Zhenying 0972-8612491 (fax)
Xu Xiaoyan 0972-8610137