InvestorsHub Logo
Followers 45
Posts 4151
Boards Moderated 0
Alias Born 02/17/2014

Re: longinus post# 113615

Saturday, 04/15/2017 5:38:59 PM

Saturday, April 15, 2017 5:38:59 PM

Post# of 232996
Tesla is only an (arguably small) account of the "auto sector"

Auto sector is what it is all about.

Auto sector is west dominant. BTW, Toyota and Honda is US based.

Best of all, there is no "exclusivity" to nobody.

Better yet, BMG is not the only solution. Magnesium (via Eontec cross license agreement) will likely be better fit for "mass" market in the west.

Huge massive JV with Clouds Metal is underway with production ready for 2H this year.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129927732

total construction area of 28,290.4 Square meters
annual output of clouds 50,000 Tons of magnesium alloy production capacity

Fully completed and put into production, the project is expected new capacity each year as follows:

Target customers----------product----------- material------------piece weight ( kg )----Annual output (pieces)
Laptop--------------------laptop case---------magnesium alloy---0.15----------------------3,535,488
car ----------------------steering system------aluminum------------0.80-------------------------898,560
car ----------------------steering system------aluminum-------------0.70---------------------1,797,120
car ----------------------steering bracket------magnesium alloy---1.00---------------------1,412,023
car ----------------------navigation products--magnesium alloy--0.45---------------------1,098,240
car ----------------------car stereo--------------aluminum------------0.35----------------------1,235,520
car ----------------------battery box-------------aluminum-----------26.00--------------------154,440
car ----------------------door---------------------magnesium alloy---4.00---------------------205,920
car ----------------------dash board------------magnesium alloy---4.00---------------------411,840
other-------communication base stations—aluminum----------12.00--------------------411,840
other-------elevator pedal-----------------------aluminum----------16.00--------------------154,440


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LQMT News