According to statistics, Yulin's production capacity accounts for 52% of the country's total. As of the first half of this year, Fugu County has won the title of China's magnesium mine capacity champion for 10 consecutive years.

At the same time, Fugu County has also become the world's largest producer of magnesium metal, so the global magnesium mines look at China, while China's magnesium mines look at Fugu.

It is precisely because of China's high grasp of magnesium ore that it has been able to establish resource advantages on a global scale. Just on September 15 this year, Yulin published a report, in order to solve the problem of excessive resource exploitation, it is required to be before the end of this year. , more than 40 magnesium ore production enterprises in Fugu County cut their production capacity by half.

This is a big news for the global magnesium metal trading market. In just ten days, the international trading price of magnesium metal has soared by 100%, and the price per ton has reached 70,000 yuan.