On December 8, 2016 Magotteaux International S.A. and Jiangyin Xingcheng Special Steel Works Co., Ltd (Xingcheng) concluded a strategic alliance to establish a joint venture (JV) for the production and the commercialization of forged grinding balls.
The JV, which capitalizes on the strong reputation Xingcheng has developed as worldwide high quality steel supplier and Magotteaux expertise in process optimization products & services for high-abrasion extracting industries, was officially inaugurated on May 4, 2017.