Shiguai Industrial Park, located in the southwestern part of Shiguai district, Baotou, is mainly for the processing of magnesium alloy, new-style metallurgical materials as well as their applications.

The industrial park was established in 2001. It was approved as provincial industrial development zone in 2006 and the industrial recycling economic demonstration zone in 2009. In 2011, the park’s total assets exceeded 10 billion yuan ($1.61 billion) and in 2014, it expanded its area from 1.84 to 60.4 square kilometers.

The park is composed of one sub park and three zones, with 87 enterprises. The operating revenue reaches 16 billion yuan in 2014, with a special steel production capacity of three million tons, a magnesium alloy capacity of 120,000 tons, coal coking capacity of 1.6 million tons, 300,000 tons of coal tar and 10 million tons of coal washing products.

It is devoted to be an autonomous-region featured industrial demonstration zone engaged in productions of silicon magnesium alloy, special steel and comprehensive utilization of coal resources.