宝武镁业(002182) - 2025年6月12日投资者关系活动记录表

Production Capacity and Output - In 2024, global primary magnesium production reached 1.12 million tons, a year-on-year increase of 12% [1] - China's primary magnesium capacity was 1.4875 million tons, up 9.29% year-on-year, with a production of 1.0258 million tons, marking a 24.73% increase [1] - Magnesium alloy production in China was 396,800 tons, reflecting a 14.95% growth [1] - China accounts for approximately 85% of global primary magnesium production capacity [1] Production Methods - The company primarily uses the silicon thermal reduction method, which has a simpler process and lower investment compared to the electrolysis method [1][2] - The electrolysis method, while more complex and costly, is being improved by domestic manufacturers to reduce production costs [1][2] Resource Reserves - Subsidiaries hold significant white marble ore reserves: 88.6425 million tons and 578.95 million tons, while a joint venture holds 1.3197813 billion tons [3] - Gansu Mining has approximately 3 million tons of quartzite ore reserves [3] - These resources enhance the stability of raw material supply for primary magnesium and magnesium alloy production [3] Downstream Processing Expansion - The company operates six die-casting bases nationwide, equipped with over 200 die-casting units and nearly 1,000 processing centers [4] - Focus areas for magnesium alloy deep processing products include automotive parts, electric bicycle components, robotic parts, and magnesium construction templates [4] - Specific automotive applications include steering components, dashboard supports, and door panels [4] Future Development Strategy - The company emphasizes research and innovation, positioning technological advancement and new product development as core strategies [5][6] - It has developed a complete set of magnesium reduction and magnesium alloy production equipment and processes, leading the industry in energy-saving and consumption reduction [6] - The company aims to enhance its core competitiveness in lightweight magnesium alloy materials, focusing on technological innovation and expanding downstream processing businesses [6]