First Rare Earth Aluminum Alloy Cable Industrialization Demonstration Base Established

The first rare earth aluminum alloy cable industrialization demonstration base of China Society for the Promotion of Science and Technology Commercialization was established recently. The rare earth aluminum alloy cable is a “rare earth alloy formula” with independent intellectual property rights, which is incorporated into pure aluminum, synthesized by a special process to improve the electrical conductivity, bending performance, creep resistance and corrosion resistance of the cable, making it more stable with a longer life cycle.

According to reports, the current rare earth aluminum alloy cable is mainly used in power transmission and distribution of electric power and industrial and mining enterprises. At present, the Chinese cable market is only 3 to 5 percent in terms of aluminum alloy copper, while countries like Europe, America, and Japan have reached 50 to 75 percent. "China lacks copper resources and needs to import large amounts from abroad every year. The aluminum resources are rich and the price is cheap." Xiaobing Hui, chairman of the China Society for the Promotion of Science and Technology Commercialization said.

Rare earth aluminum alloy is a new type of basic material produced by adding rare earth elements to aluminum, which meets the natural resource endowment characteristics of Chinese "poor in copper and rich in aluminum", could help save a lot of copper resources.

At present, rare earth aluminum alloy cables have been listed by the National Development and Reform Commission in the list of critical products and services for strategic emerging industries. Rare-earth aluminum alloy products are of great significance both in terms of the scarcity of national resources and in terms of the superiority of economic costs.

The first rare earth aluminum alloy cable industrialization demonstration base establishment is not only conducive to driving the ability of the cables in the transformation of scientific and technological achievements, but also enhancing the core competitiveness of the technology industry. It also helps to optimize the technological industry environment and accelerate market application development. The completion of the first technology industrialization base also marks a solid step forward for Chinese science and technology industrialization.

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