Chongqing Pengshui County introducing magnesium project from Liaocheng
2011-05-24 16:34:16 [Print]
As the corresponding help-acceptor of Liaocheng in Shandong, Pengshui County introduced 12 projects from Liaocheng with an intention investment of RMB2.81 billion on the 14th Chongqing Negotiation Conference.
Among the 12 projects, the largest project is the development project of magnesium mine, magnesium alloy section with a production capacity of 20,000tons and RMB1 billion of intention investment. According to an official of Pengshui County, the county has abundant resource of dolomite with more than 300 million tons of geographic reserves, and it is significant for Pengshui County to transform resource advantage into economy advantage by building up an intact industry chain from dolomite to magnesium to magnesium alloy section.
Among the 12 projects, the largest project is the development project of magnesium mine, magnesium alloy section with a production capacity of 20,000tons and RMB1 billion of intention investment. According to an official of Pengshui County, the county has abundant resource of dolomite with more than 300 million tons of geographic reserves, and it is significant for Pengshui County to transform resource advantage into economy advantage by building up an intact industry chain from dolomite to magnesium to magnesium alloy section.
Magnesium Ingot 99.95%min EXW China
Unit:RMB/mt
China's magnesium ingot producers' inventory to production ratio statistics by province by month
Unit: %
