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		<title>magnesium plate &#8211; Official POSCO Group Newsroom</title>
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            <title>magnesium plate &#8211; Official POSCO Group Newsroom</title>
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				<title>How POSCO’s Magnesium Plates Give a Lightweight Advantage</title>
				<link>https://newsroom.posco.com/en/poscos-magnesium-plates-give-lightweight-advantage/</link>
				<pubDate>Fri, 29 Sep 2017 14:04:29 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
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		<category><![CDATA[aluminum]]></category>
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									<description><![CDATA[The Korean Society of Automotive Engineers (KSAE) held its 2017 KSAE Baja/Formula/EV tournament for university students on August 10~12. From all over Korea,]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">The </span><a href="http://jajak.ksae.org/eng/intro.php" target="_blank" rel="noopener"><span style="font-weight: 400;">Korean Society of Automotive Engineers</span></a><span style="font-weight: 400;"> (KSAE) held its 2017 KSAE Baja/Formula/EV tournament for university students on August 10~12. From all over Korea, 180 teams took part in 4 major categories of competition: Baja (off-road racing), Formula (on-road racing), Electric Vehicle and Technology. Take a look at the video below for highlights from this year’s event. </span></p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/x_vYEKGGjKM?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">As major automakers around the globe are investing in and developing electric vehicles (EV), there was much anticipation and attention focused on the EV category and its top winners the Tuning X team of Soeyeong University. A major factor in the team’s achievement was the application of POSCO’s magnesium plates for the car body instead of aluminum, something the team had never done before. </span></p>
<div id="attachment_12931" style="width: 690px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team.jpg" target="_blank" rel="noopener"><img class="wp-image-12931" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team.jpg" alt="The Tuning X Team take home the Excellence Award for the electric vehicle category" width="680" height="383" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team.jpg 960w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team-800x450.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/The-Tuning-X-Team-768x432.jpg 768w" sizes="(max-width: 680px) 100vw, 680px" /></a><p class="wp-caption-text">The Tuning X Team take home the Excellence Award for the electric vehicle category</p></div>
<p><span style="font-weight: 400;">The Steel Wire talked to Professor Yoon Jae-Gon, who led 10 members of the Tuning X to victory, to get an in-depth look into the winning electric vehicle. </span></p>
<h2><b>The Secret to Tuning X’s Success</b></h2>
<p><span style="font-weight: 400;">Like all other major automakers in the world, the biggest obstacle for the Tuning X team was lightweighting their electric vehicle, without compromising the performance of its battery. </span></p>
<p><span style="font-weight: 400;">Yoon said, “Electric cars are the future of the auto industry, but batteries have a short driving distance, so manufacturers are making batteries bigger and heavier (about 200 ~ 500kg). Despite these efforts, current electric vehicles weigh hundreds of kilograms and cannot go over several hundred kilometers on one charge.”</span></p>
<p><span style="font-weight: 400;">The motor engine is central to any electric vehicle. For the Tuning X team, they used an AC electric motor which requires a controller, adding more weight to the car. Thus, weight reduction from other sources was absolutely necessary. </span></p>
<p><span style="font-weight: 400;">How did the team make up for the extra weight?</span></p>
<p><span style="font-weight: 400;">“We applied magnesium plates for weight reduction to the floor, side, and rear panel of the EV cabin. POSCO’s technical seminars and the production skill training played a vital role. Through this preliminary training, we were able to reduce the number of trials and errors, produce the car in time and end up with the best results possible,” explained Yoon. </span></p>
<div id="attachment_12929" style="width: 690px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en//wp-content/uploads/2017/09/POSCO’s-Manganese-Plate.jpg" target="_blank" rel="noopener"><img class="wp-image-12929" src="https://newsroom.posco.com/en//wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-1024x575.jpg" alt="POSCO’s magnesium plate applied to the internal, driver side of the vehicle" width="680" height="382" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-1024x575.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-640x360.jpg 640w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-800x449.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/POSCO’s-Manganese-Plate-768x431.jpg 768w" sizes="(max-width: 680px) 100vw, 680px" /></a><p class="wp-caption-text">POSCO’s magnesium plate applied to the internal, driver side of the vehicle</p></div>
<p><span style="font-weight: 400;">The team had previously used aluminum, another popular lightweight material, but with the new magnesium plates, they achieved a 5 kilogram weight reduction, from 177 kilograms to 172 kilograms. Yoon added, “Magnesium also showed the same processability as aluminum, and did not require professional processing methods.”</span></p>
<p><span style="font-weight: 400;">Even as the champions, the team will work on improvements for next year, as defending champions. Their plans include increasing the use of magnesium. Yoon remarked, “If we have a chance, I would like to increase the use of magnesium by using the plates as a base and applying it to the mainframe, knuckle and road wheel in the future.”</span></p>
<h2><b>The Significance of Magnesium Applications In the Auto Industry</b></h2>
<p><span style="font-weight: 400;">According to Professor Yoon, lightweighting is a trend that is here to stay, especially with the rise of electric vehicles as the next-generation cars. The automotive industry accounts for nearly 25 percent of all greenhouse gas (GHG) emissions in the transportation sector and will face increasing emission reduction policies as countries try to battle climate change. </span></p>
<p><span style="font-weight: 400;">Lightweighting has numerous benefits in this regard, including increased fuel efficiency, reduced CO2 emissions, improved braking performance, increased acceleration, road protection, increased comfort, increased mileage and environmental sustainability. </span></p>
<p><span style="font-weight: 400;">Companies started off working to improve internal combustion engines, and the goal was to improve fuel efficiency through downsizing and the use of high-strength steels. Now, they are going further and pairing lightweight materials with electric batteries-the next-generation power source. </span></p>
<div id="attachment_12932" style="width: 690px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station.jpg" target="_blank" rel="noopener"><img class="wp-image-12932" src="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-1024x669.jpg" alt="An electric vehicle charges at a newly-opened charging station in downtown Michigan" width="680" height="444" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-1024x669.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-800x523.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/09/Charging-Station-768x502.jpg 768w" sizes="(max-width: 680px) 100vw, 680px" /></a><p class="wp-caption-text">An electric vehicle charges at a newly-opened charging station in downtown Michigan (Source: <a href="http://www.mlive.com/news/kalamazoo/index.ssf/2011/04/electric_vehicle_charging_stat.html" target="_blank" rel="noopener">Michigan Live</a>)</p></div>
<p><span style="font-weight: 400;">“The weight of the vehicle has the most direct effect on fuel consumption. The way to reduce the weight of the vehicle is to reduce the thickness of each part and to modularize the parts, but the most effective way is to lighten the parts through innovative materials. Aluminum, magnesium, and composites are important lightweight materials, and double magnesium alloys and composite materials can be positioned as future lightweight technology materials by improving the reliability of collapse characteristics, achieving economic manufacturing and assembly costs.”</span></p>
<p><span style="font-weight: 400;">“In addition, the magnesium alloy has been widely used in various fields such as transportation, aerospace, medical care and leisure with its wide marketability. With its light weight, it is possible to install additional safety devices that protect the safety of the driver and will be able to reduce social costs at the same time.” Added Yoon. </span></p>
<p><span style="font-weight: 400;">“I think that the most important advantage among the various advantages is the environmental contribution. This is because it is possible to reduce gas emissions during the manufacturing process of magnesium alloys and through improved fuel efficiency by lightweighting vehicles.”</span></p>
<p><span style="font-weight: 400;">Professor Yoon and the Tuning X Team have high expectations for magnesium as a lightweight material of the future. The team will incorporate more magnesium into their upcoming model, and Yoon believes magnesium has the potential to provide effective lightweighting solutions to more and more automakers in the near future. </span></p>
<p><span style="font-weight: 400;">POSCO will continue to support future automakers as well. Since 2016, POSCO has been supplying magnesium plates and extruded materials free of charge to the winners of the Formula and EV categories. Besides materials, POSCO provides training to make it easier for students to work with and magnesium materials to their cars. POSCO will continue to support student teams to build industry-academia collaborations and provide even more opportunities for students who are the car makers of tomorrow.</span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="http://www.fstotal.com/the-stuttgart-approach-two-teams-two-winners/#prettyPhoto" target="_blank" rel="noopener"><span style="font-weight: 400;">FS Total</span></a><span style="font-weight: 400;">.</span></p>
<p>&nbsp;</p>
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				<title>POSCO Signs Agreement for Expansion of Magnesium Production Facilities</title>
				<link>https://newsroom.posco.com/en/posco-signs-agreement-expansion-magnesium-production-facilities/</link>
				<pubDate>Mon, 17 Oct 2016 00:00:19 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Press Release]]></category>
		<category><![CDATA[automotive]]></category>
		<category><![CDATA[ceremony]]></category>
		<category><![CDATA[environment-friendly]]></category>
		<category><![CDATA[EOLAB]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[global market]]></category>
		<category><![CDATA[Jeolla-namdo Nakyeon Lee]]></category>
		<category><![CDATA[Jeonghyeon Lee]]></category>
		<category><![CDATA[magnesium]]></category>
		<category><![CDATA[magnesium plate]]></category>
		<category><![CDATA[MOU]]></category>
		<category><![CDATA[ohjoon kwon]]></category>
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		<category><![CDATA[POSCO CEO]]></category>
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		<category><![CDATA[Suncheon]]></category>
		<category><![CDATA[Suncheon Choonghoon Cho]]></category>
									<description><![CDATA[POSCO entered into a memorandum of understanding, or an MOU, with the city of Suncheon, Jeolla-namdo for the expansion of magnesium production facilities. The]]></description>
																<content:encoded><![CDATA[<p>POSCO entered into a memorandum of understanding, or an MOU, with the city of Suncheon, Jeolla-namdo for the expansion of magnesium production facilities.</p>
<p>The MOU-signing ceremony was held on October 17 in the POSCO magnesium plate factory in the Haeryong Industrial Complex in Suncheon. Approximately 20 people were present, including National Assembly member Jeonghyeon Lee, the governor of Jeolla-namdo Nakyeon Lee, the mayor of Suncheon Choonghoon Cho and POSCO CEO Ohjoon Kwon.</p>
<div id="attachment_9776" style="width: 1310px" class="wp-caption aligncenter"><img class="wp-image-9776 size-full" src="https://newsroom.posco.com/en//wp-content/uploads/2016/10/1300_01-2.jpg" alt="Agreement for Expansion of Magnesium Production Facilities" width="1300" height="825" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/10/1300_01-2.jpg 1300w, https://newsroom.posco.com/en/wp-content/uploads/2016/10/1300_01-2-800x508.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/10/1300_01-2-768x487.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/10/1300_01-2-1024x650.jpg 1024w" sizes="(max-width: 1300px) 100vw, 1300px" /><p class="wp-caption-text">POSCO and Suncheon, Jeolla-namdo entered into an MOU on October 17 to expand the number of magnesium production facilities. Third from the left, National Assembly member Jeonghyeon Lee, governor of Jeolla-namdo Nakyeon Lee, POSCO CEO Ohjoon Kwon and the mayor of Suncheon Choonghoon Cho.</p></div>
<p>According to this MOU, POSCO and Suncheon will join forces in the purchase of a lot and the expansion of the facilities for producing automotive wide magnesium plates. They will also work side by side in transforming the Haeryong Industrial Complex into a light materials industry cluster by fostering and actively supporting magnesium-related SMEs.</p>
<p>Magnesium is in the spotlight as an ultra-light material that is lighter than aluminum and steel. As environment-friendly issues have emerged in the automotive industry, POSCO has focused on developments with magnesium, as it can be more effective than aluminum in terms of weight reduction. POSCO completed the magnesium plate factory in Suncheon in July 2007, and has since been producing and supplying alloy plates to domestic and overseas automakers and electronics companies.</p>
<p>POSCO’s magnesium was applied to Renault’s concept car ‘EOLAB,’ which was unveiled at the Paris Motor Show in October 2014. The roof of a standard car weights about 10kg, but the roof of ‘EOLAB’, which is made from POSCO’s magnesium plates, weighs about 4.5kg, and has accordingly attracted public attention.</p>
<p>POSCO is planning to capitalize on this expansion to preempt the anticipated increasing demand for magnesium for foreign automobiles, and become the first to make a move in the global market.</p>
<p>&nbsp;</p>
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