Wuzhou Municipal Government and Jiangsu Runze signed a cooperation agreement on the new energy aluminum-magnesium Titan alloy project

The People's Government of Wuzhou City recently successfully held a signing ceremony for the new energy aluminum-magnesium Titan alloy project with Jiangsu Runze Special New Materials Co., Ltd. The project will be implemented in the Guangdong-Guangxi Cooperation Special Experimental Zone and is planned to be built in two phases, with an initial investment of RMB 7 billion. It is expected that after full production, the annual output value will reach RMB 13.5 billion. The project mainly involves high-performance lightweight materials in the fields of integrated die-casting lightweight components for new energy vehicles, aluminum-magnesium alloy energy storage cabinets, rail transit car bodies, and aerospace. This will help Wuzhou City extend and strengthen the new energy industry chain, promote the cluster development of new energy and new materials industries, accelerate the transformation and upgrading of the industrial structure, and build a modern industrial system.