![](https://investorshub.advfn.com/uicon/451248.png?cb=1568105997)
Saturday, April 15, 2017 5:38:59 PM
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
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM