宝武镁业董事长及总经理同时辞职

Group 1 - The company Baowu Magnesium Industry announced the resignation of Chairman Mei Xiaoming and General Manager Wang Qiangmin due to personal and work-related reasons respectively [1] - Mei Xiaoming, as the founder, played a significant role in driving technological innovation and industry upgrades, establishing the company's leading position in the magnesium industry [1] - Baowu Magnesium has a comprehensive layout in the magnesium alloy manufacturing sector, with a total magnesium ore resource reserve of 1.75359 billion tons and planned production capacities of 500,000 tons for primary magnesium, 600,000 tons for magnesium alloys, and 300,000 tons for silicon iron by the end of 2024 [1] Group 2 - Industry experts highlight that magnesium is a structurally controllable metal with complete self-sufficiency in the supply chain, unlike iron and aluminum which have high external dependency [2] - The external dependency of bauxite has increased from 40.5% in 2017 to 73.2% in 2024, while iron ore dependency remains high at 82% in 2024 [2] - The automotive lightweighting trend is expected to drive demand for magnesium alloys, as their properties enhance comfort and reduce vehicle weight, thereby extending battery life [2] - Baowu Magnesium is positioned to benefit from its parent company Baowu Group's advantages in the automotive materials supply chain, which will further promote the growth of magnesium alloy components in the automotive industry [2]