Wutai Jinchuan Hongtai Magnesium-Based Light Alloy Materials Co., Ltd.’s annual production of 200,000 tons of magnesium-based light alloy materials through comprehensive utilization

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Project Name: Wutai Jinchuan Hongtai Magnesium-Based Light Alloy Materials Co., Ltd.’s Annual Production of 200,000 Tons of Magnesium-Based Light Alloy Materials through Comprehensive Utilization Project. Launch Date: November 20, 2025. Location: Shanxi Province. Industry/Project Type: Metallurgy and Metal Products/Non-ferrous Metallurgy/Non-ferrous Metal Alloys. Project Owner: Wutai Jinchuan Hongtai Magnesium-Based Light Alloy Materials Co., Ltd. Total Investment: 5,466.8 million yuan. Current Progress: Project registration completed. Construction Location: Wutai County Industrial Park, Xinzhou City, Shanxi Province. Scope of Construction: The project covers a total area of 800 mu, with a construction scale of 95,000 square meters. It includes facilities such as a low-grade coal high-temperature pyrolysis unit with an annual capacity of 2.4 million tons, 4*12 MW waste heat power generation units, 10 MW distributed photovoltaic power generation systems, as well as a production line using the new lined electroslag furnace technology to produce 20,000 reduction tanks per year. The aim is to establish a facility for the annual production of 200,000 tons of magnesium-based light alloys and their further processing through comprehensive utilization. Progress milestone: November 19, 2025. The project approval item is code assignment. (Project registration)