The application fields of magnesium ingots continue to expand, becoming an indispensable key raw material for modern industry

The application fields of magnesium ingots continue to expand, becoming an indispensable key raw material for modern industry

In recent years, with the rapid rise of the new energy automobile industry, magnesium ingots have become increasingly widely used in fields such as lightweight bodies and batteries. Industry insiders predict that demand for magnesium ingots will continue to grow in the next few years.

As the sixth most abundant metal element in the earth’s crust, magnesium has the characteristics of good thermal conductivity, corrosion resistance and light specific gravity. It is widely favored in automobile manufacturing, aerospace, electronic appliances and other fields. It is understood that the magnesium alloy body can not only significantly reduce the weight of the vehicle and increase the cruising range, but also improve the safety performance of the vehicle.

Those who are interested should get in touch with:”With the increasing number of new energy vehicles, the demand for magnesium ingots is also increasing.” The deputy general manager of a magnesium industry company said, “We are constantly expanding production capacity to meet market demand.”

Data shows that global magnesium ingot production will be approximately 6 million tons in 2023, a year-on-year increase of 10%. It is expected that by 2025, global magnesium ingot production will exceed 8 million tons. Industry insiders believe that driven by the rapid development of the new energy vehicle market, the magnesium ingot industry will usher in unprecedented development opportunities.

Main feature:

Lightweight and corrosion-resistant: Magnesium has only two-thirds the density of aluminum, but it is also very strong and has excellent corrosion resistance.
Good thermal conductivity: The thermal conductivity of magnesium is 30% higher than that of aluminum, and it is widely used in the field of heat dissipation of electronic products.
Easy to process and form: Magnesium can be processed and formed by casting, extrusion, forging, etc., and the manufacturing cost is relatively low.
Electromagnetic shielding performance: Magnesium has good electromagnetic shielding properties and has application advantages in 5G communication equipment, electronic equipment casings and other fields.

The main purpose:

Automotive lightweighting: Magnesium alloys are widely used in new energy vehicle bodies, chassis and other components, significantly reducing the weight of the vehicle.
Electronic and electrical appliances: Magnesium alloy is widely used in the casings of mobile phones, laptops, and 3C digital products.
Aerospace: Magnesium alloys have important applications in the aerospace field due to their excellent strength-to-weight ratio.
Military equipment: Magnesium alloy materials are widely used in the manufacturing of military equipment, such as weapons, armored vehicles, etc.
Daily necessities manufacturing: Magnesium alloys are also used in daily necessities, sports equipment and other fields.

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