China is a major producer of magnesium metal, rich in magnesium reserves, magnesium resources account for 22.5% of the world's total reserves.The total reserves of magnesite mine are 2.7 billion tons, the dolomite mine is more than 4 billion tons, and the potassium and magnesium salt and coastal magnesium salt reserves are very large.China's total magnesite resources are 3.145 billion tons, with 78% of the first and secondary mines that meet the requirements of magnesium smelting.Low investment costs, abundant coal resources, low-cost raw material supply, and abundant labor advantages all make magnesium production in China well economical and competitive.China's raw magnesium production accounts for 40% of the global production, and it is the world's large magnesium producer and exporter.

industry for sustainable development and an advantageous industry that can participate in global competition.The advantages of China's magnesium industry are mainly reflected in the following aspects:

1. Unit investment cost is relatively low.

2. Low production cost.

As China is a major producer of magnesium metals, magnesium is rich, magnesium resources account for 22.5% of the world's total reserves.The total reserves of magnesite ore reach 2.7 billion tons, the dolomite ore is more than 4 billion tons, the prices of magnesium smelting ore, coal and other related raw materials are relatively low, and the labor and management costs are very low, so the total production cost is relatively low.In recent years, China has participated in global competition and exported a large number of exports, proving that China's magnesium production cost has a very competitive advantage, especially by thermal magnesium refining.

3. Abundant magnesium and related resources.

China is one of the richest magnesium resources in the world.China is a major producer of magnesium metal, rich in magnesium reserves, magnesium resources account for 22.5% of the world's total reserves.The total reserves of the magnesite mine are 2.7 billion tons, the dolomite mine is more than 4 billion tons, and the potassium and magnesium salt and the coastal salt and magnesium brine reserves are very large.Second, China's coal, power and human resources all have the advantages to participate in global competition.China's total magnesite resources are 3.145 billion tons, with 78% of the first and secondary mines that meet the requirements of magnesium smelting.Low investment costs, abundant coal resources, low-cost raw material supply, and abundant labor advantages all make magnesium production in China well economical and competitive.China's raw magnesium production accounts for 40% of the global production, and it is the world's large magnesium producer and exporter.

In the future, China's magnesium industry will gradually move from the global production and trading power to the global magnesium industry power.China's electrolytic magnesium production capacity will increase in 2005 from the existing 19,000 tons to 69,000 tons.The additional capacity of 50,000 tons is the plan of the comprehensive development and utilization of the "Qinghai Western Chemical Co., LTD." recently established in Qinghai Province, using the successful potassium photohalide magnesium smelting technology independently developed by Minhe magnesium plant.In the long run, the demand for magnesium products will still present a rising trend, because car designers have been committed to the development of light vehicles, will increase the demand of magnesium, heavy metal smelting environmental pollution and toxic gas emissions, aluminum alloy and metal reduction demand for magnesium, and many other factors are conducive to the development performance is superior, recyclable light metal magnesium.