宝武镁业：五台宝镁矿山安全设施设计审批的手续还在办理中，还没有开始采矿

Group 1 - The core issue raised by investors concerns the cost of raw magnesium for Qingyang Baomai and whether it can achieve a competitive advantage over market prices once it reaches full production [2] - Baowu Magnesium Industry stated that its joint venture, Anhui Baomai Light Alloy Co., Ltd., is currently in the ramp-up phase of production, resulting in low output and high costs. However, costs are expected to decrease as production increases [2] - The annual production project of 40 million tons for Anhui Baomai has received approval, but reaching this sales volume will take some time [2] Group 2 - The mining operations at Wutai Baomai are currently not operational due to ongoing approval processes for safety facility designs, and mining has not yet commenced [2]