Company Information for Quay Magnesium Ltd

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Company Statement

Quay Magnesium Limited (ASX: QMG) is an Australian owned publicly listed company with its alloying production plant in Nanjing, China. Our company produces a range of high performance magnesium alloys that are targeted for use in the automotive and electronics industries where light-weight applications are a growing world wide trend.

Through advanced production techniques, strict product quality control and close collaboration with customers, Quay’s superior refining technology and highly experienced team ensure the production of high quality alloys.
 
 

Current Operations

Nanjing, China

Nanjing is approximately 270 kilometres from Shanghai, with excellent road and rail infrastructure, and is located on the Yangtze River. This provides a range of transport solutions for bringing raw materials to the plant and for delivering alloy product to customers in China and elsewhere. The Nanjing-Shanghai region is a major manufacturing centre for China's growing automotive industry, and this is a core target market for the plant.

The Chinese Authorities have granted Quay's Nanjing operation a full unconditional Business Licence as a Wholly Owned Foreign Enterprise. As a designated Encouraged Business located in the Nanjing New and High Technology Zone, favourable taxation status has been conferred on the project.
Quay’s high quality die casting magnesium alloys are favoured for their combination of light weight, high strength and dimensional stability.

Our factory is located near pure magnesium metal sources and can produce efficiently to meet the alloy demands of the automotive, electronics and emerging aerospace industries.

Using its product sourcing expertise and extensive supply chain network of over 50 suppliers, Quay prides itself on delivering to meet customer requirements. From our Nanjing operation, we service customers globally with representatives in Asia, Europe and North America.

Our advanced process for the manufacture of specialist magnesium alloys uses proven technology. 

Geographical Spread

Board of Directors and Key Management

Broker/Analyst Reports

01/05/07 - Far East Capital Limited
16/02/07 - Aegis Equities

Major Shareholders

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