Asian Metal visits Shanxi Fuhengdi

On the afternoon of January 22nd, 2026, Ms. Daphne Zhang, the Consultant & Senior Product Manager of Asian Metal, visited Shanxi Fuhengdi New Materials Co., Ltd. She held an in-depth discussion with General Manager Chai Juncai and Deputy General Manager Chai Jin regarding the global supply and demand landscape of the magnesium powder market in 2025 and the market application prospects for 2026. Mr. Chai stated that while maintaining its traditional market share, Fuhengdi is currently making forward-looking investments in the research, development, and production of hydrogen storage magnesium powder. This essentially targets the future track of "solid-state hydrogen storage" within the hydrogen energy industry chain. If downstream applications such as hydrogen metallurgy achieve commercial breakthroughs, hydrogen storage magnesium powder will not only open up a new high-value-added market but may also drive a qualitative leap in the entire magnesium powder consumption, thereby reshaping the industry landscape. This requires enterprises not only to overcome technical challenges but also to build an entire ecosystem capability—from material innovation to the implementation of application scenarios.

Shanxi Fuhengdi New Materials Co., Ltd. was established in 2018 and has seven years of development history. The company covers an area of 17,760 square meters, with a production building area of 8,100 square meters and over ten production lines. It is recognized as a national "high-tech" enterprise, a "specialized, refined, distinctive, and innovative" enterprise in Shanxi Province, a "Two-Way Integration" 2A compliance enterprise, a "green factory," an advanced "smart factory," and one of the first batch of high-quality new materials enterprises in Shanxi Province. The company also serves as the vice-chairman unit of the Shanxi Specialized, Refined, Distinctive, and Innovative Enterprises Association and operates the Shanxi Province Hydrogen Storage Magnesium Powder Technology Innovation Center. It holds 46 invention patents, and its "Device for Grinding and Processing Metal Powder" has been awarded the Shanxi Province "Patent Transformation Award." The company has led the formulation of one national standard and participated in drafting two others. Currently, Fuhengdi has a production capacity of 20,000 tons of various specifications of magnesium powder, capturing a 17.9% domestic market share in 2024 and ranking first in domestic market share.

Shanxi Fusheng Magnesium has long paid close attention to and utilized the price information provided by Asian Metal as a benchmark for its procurement and sales pricing. The company highly commends the timeliness, rigor, and objectivity of the information provided by Asian Metal. Furthermore, it expresses full recognition of the International Magnesium Summit series organized by Asian Metal over the years and will actively support the 14th Magnesium Summit scheduled to be held on April 16-17th, 2026in Chengdu, China.