Chongqing Bio-Aluminum High-Performance Lightweight Magnesium-Aluminum Alloy Base Starts Production

59
On June 28, the Bio-Aluminum Project Company established by Baowu Magnesium Technology Co., Ltd. in Wansheng, Chongqing, successfully mass-produced the first batch of products in June this year. The projected area of this batch of products exceeds 9,000 square meters, which is 32% lighter than aluminum alloy materials, becoming the largest size magnesium alloy product in the field of domestic magnesium alloy deep processing for passenger cars. This marks another major breakthrough for the company in the field of lightweight materials, and is expected to increase output value by about 600 million yuan, tax revenue by about 16 million yuan, and provide about 500 jobs each year. Bio-Aluminum is an enterprise focusing on the research and development, production and sales of magnesium alloy products. Its main products include automotive parts such as automotive steering wheels, armrest frames, central control brackets, etc., as well as magnesium alloy parts for power tools and hand tools. These products are widely used in many fields such as automobiles, motorcycles, and hand tools.