titanium stockist Clouds Metal: World leading magnesium alloy

Clouds Metal: World leading magnesium alloy
Magnesium alloys because of its greater toughness, hardness and light weight characteristics , widely used in automotive and 3C products in the field of information technology , buy titanium sheet aluminum magnesium alloy instead of the automotive industry will be the future trend of development . China's new auto industry policy proposed to vigorously foster and develop new energy automotive industry , and actively promote energy conservation of traditional energy vehicles , and properly solve the energy , transport , environment and other issues arising from the rapid development of automobile industry in 2020 as the initial construction automotive industry powerhouse. Magnesium alloys in energy conservation, low-carbon environment has unique attributes advantage, cars are the main areas for future consumption of magnesium alloy , magnesium alloy applications in automotive lightweight prospect areas will be very broad. We focus on the magnesium alloy leading companies : clouds of metal .
Clouds metal is mainly engaged in the production and sales of magnesium alloy and aluminum , magnesium extraction from raw dolomite ( calcium magnesium carbonate ) . Is one of the world's largest manufacturer of professional magnesium alloy production capacity for titanium manufacturer many years ranked first in the country , is China 's leading enterprises magnesium alloy production .
The company is basically in the form of magnesium from magnesium ore industry - primary magnesium - magnesium alloy - a complete industrial chain layout die casting . Magnesium ore areas: In January 2008, a wholly owned subsidiary company of clouds Magnesium five five dolomite mineral mining rights , the production scale of 108,000 tons / year. June 2010 , a wholly owned subsidiary of Chaohu Magnesium clouds made ​​of moss mountain magnesium ore and metallurgical dolomite mining rights , magnesium ore ( smelting magnesium dolomite ) the amount of 49,153,100 tons of ore , metallurgical dolomite ore 3,967,800 tons. Magnesium resources by expanding upstream , the company five clouds Magnesium 50,000 tons of magnesium alloy and Chaohu Magnesium Resources clouds of 100,000 tons of magnesium alloy to achieve grade 1 titanium sheet a 100% self-sufficiency rate . The Suzhou clouds currently 40,000 tons of magnesium alloy production capacity of the main raw material is scrap downstream users , resource supply is guaranteed. Magnesium alloy : The company currently has 90,000 tons of production capacity , including Suzhou and Shanxi Wutai clouds clouds Magnesium Magnesium Magnesium alloy two production bases in Suzhou clouds current production capacity of 40,000 tons , five additional 20,000 tons of clouds 2010 production capacity to about 50,000 tons . The company also invested in Chaohu 100,000 tons of magnesium alloy construction projects , according to the plan Chaohu clouds 100,000 tons of magnesium alloy project will be built in two phases , respectively, 50,000 tons of production capacity in 2011 and 2013 , so in 2011 , in 2013 the company magnesium alloy production capacity will reach 140,000 tons , 190,000 tons . Casting : the company 's IPO raised an annual 5,000 tons of cast magnesium alloy die castings transformation projects at April 30, 2009 has reached its intended use project status date . However, due to the long certification and automotive products development cycle , the majority of product development at the trial stage of development is not mass production , leading the company 's sales volume die casting product does not meet the requirements of project planning , capacity underutilization , resulting in failure to achieve the expected benefits , along with product certification and the completion of the development , the income will gradually die casting outbreak .
Three quarters of 2010 EPS pure titanium wire was 0.14 yuan , 0.16 yuan for the whole year is expected . As the company where the future development of magnesium alloy industry a huge space , and the company for the industry giant, while aluminum production capacity expansion for the performance of the company to provide some support , is expected to net profit CAGR for 2010-2012 could reach more than 100%. 2011 corresponding to earnings ratio of around 60 times . Outlook worthy of attention !