- On the afternoon of 26 December, 2024, Ms. Daphne Zhang, the Consultant & Senior Product Manager of Asian Metal, visited Fugu Jinchuan Magnesium Co., Ltd., and discussed with Mr. Guangyao Wang, the General Manager, and Mr. Biao Li, the Deputy General Manager, on the current supply and demand status of magnesium metal in 2024 and the market demand and price trend in 2025. For the development in 2025, Mr. Wang believes that balancing the supply and demand of the magnesium market, expanding applications and exploring the foreign demand are the directions of efforts of magnesium industry people.
From Left: Biao Li, Daphne Zhang, Guangyao Wang
- Fugu Jinchuan Magnesium Co., Ltd. was founded in 2003 and is located in the hinterland of Shenfu Coalfield Development Zone, a national energy and heavy chemical base, Shiyaodian Village, Dingjiahuopan Industrial Park, Laogaochuan Town, Fugu County, Yulin City, Shaanxi Province. Relying on the advantages of rich local coal resources, the company makes full use of the residual gas of the seed coal retort furnace as fuel to smelt magnesium metal, and adheres to the development model of scale, refinement, diversification and integration. The company has achieved annual production capacities of 20,000t of magnesium ingots, 10,000t of magnesium alloys, 600,000t of semi-coke, and 60,000t of tar.
- As a years-long partner of Asian Metal, Jinchuan Magnesium has been referring to market information and prices for years. The company speaks highly of objective, fair and timely market information provided by Asian Metal and also expresses positive comments on previous magnesium summits held by Asian Metal. Jinchuan Magnesium plans to participate in the 13th Magnesium Summit to be held by Asian Metal in Xiamen on April 10-11, 2025.
