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The basalt fiber industry may drive growth in platinum consumption
Release time:
01 Apr,2025
On March 25, 2025, Alar City, Xinjiang held a high-quality development conference on basalt fiber industry, with nearly 500 representatives from government, industry, academia, and research reaching a consensus on the path of industrial upgrading. The meeting pointed out that the breakthrough in platinum-rhodium alloy leak plate technology (withstanding temperatures of 1600℃ and increasing the yield by over 30%) and the application of the new generation of 8000-hole large leak plates (increasing the platinum consumption per line to over 10 kg) have become the core of improving quality and efficiency. The China Association of Materials Recycling will reduce the annual platinum loss cost through full-chain services. The explosive demand for basalt fiber in emerging fields such as new energy vehicle battery casings and deep-sea corrosion protection may make platinum group metals a new growth point for industrial applications. The Alar base is building a full industrial chain collaborative system of "ore selection-melting and drawing-deep processing", accelerating the transformation of scientific research achievements, promoting green upgrading and cost reduction and efficiency increase through technological innovation, and contributing to the national dual-carbon goals and the construction of a new type of industrialization.
The High-Quality Development Conference of Basalt Fiber Industry concluded successfully in Alar City, Xinjiang on March 25, 2025. The conference brought together nearly 500 representatives from government, industry, and research institutions to conduct in-depth discussions on the industrial layout of basalt fiber, breakthroughs in large-scale technology, and the construction of the Alar industrial base. They jointly explored development paths driven by innovation chains to upgrade the industrial chain, and reached a consensus on the high-quality development of China's strategic new materials.
Bian Jiang, vice chairman and secretary-general of the Precious Metals Industry Committee of the China Resource Recycling Association, attended the conference and delivered a keynote report on "Cost Management of Platinum Group Metals in the Fiberglass Industry" at the furnace drawing technology seminar.
Bian Jiang stated that platinum, as a core material in the high-temperature melting and drawing process of basalt fiber, is becoming key to improving the quality and efficiency of the industry. Currently, the platinum-rhodium alloy leak plate technology developed and applied by the industry can withstand extreme environments above 1600℃, increasing the fiber yield by over 30%. The irreplaceability of platinum-based materials has permeated the entire basalt fiber industry chain. Platinum group metal leak plates account for the largest proportion of the cost in the fiberglass industry, with an annual loss of 6-8%. Refined recovery and workshop cleaning will reduce some losses. Member companies of the Precious Metals Working Committee of the China Resource Recycling Association will provide comprehensive high-quality services to fiberglass production enterprises in leak plate manufacturing, recycling, workshop cleaning, platinum group metal trading, and financing leasing, thereby reducing production costs.
The popularization of the new generation of multi-porous large platinum-rhodium leak plates (the number of bottom plate holes exceeds 8000) will increase the platinum usage per production line from the current 5-6 kg to over 10 kg. The explosive expansion of basalt fiber applications in new energy vehicle battery pack casings, deep-sea anti-corrosion projects, etc., may drive up platinum demand, and is expected to become another growth engine for platinum group metal industrial applications after traditional fiberglass leak plates, glass channels, refining and petrochemical, and automotive catalysts.
With the expansion of basalt fiber applications in new energy, aerospace, and marine fields, platinum group metal technological innovation will accelerate the green upgrading and cost-effective management of the industry. Taking the Alar industrial base as a demonstration, a full-chain collaborative system will be gradually established, covering mineral selection, platinum-based melting and drawing, and deep processing of composite materials. This will accelerate the transformation of innovation from the laboratory to market verification, injecting strong impetus into the implementation of the national dual-carbon goals and the promotion of new industrialization.
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