{"id":43267,"date":"2024-02-08T09:06:40","date_gmt":"2024-02-08T09:06:40","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=43267"},"modified":"2024-02-08T09:06:40","modified_gmt":"2024-02-08T09:06:40","slug":"establishing-sustainable-magnesium-production-in-europe","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/establishing-sustainable-magnesium-production-in-europe\/43267\/","title":{"rendered":"Establishing sustainable magnesium production in Europe"},"content":{"rendered":"

MFE Magnesium For Europe GmbH<\/a> was founded in 2021 to establish a clean, green and competitive magnesium production in Kupres, Bosnia-Herzegovina, Europe.<\/h2>\n

Magnesium (Mg) metal is a unique, strategically important, and critical raw material<\/a> for many downstream industries such as aircraft, vehicle, and steel manufacturing and notably aluminium (Al) alloy production. No substitute materials can rival Mg\u2019s powerful combination of light weight, sturdiness, and relatively low cost.<\/p>\n

At present, the European industry is entirely reliant on Asian primary Mg supplies. Another challenge for Europe\u2019s Mg-consuming industries is the increasing pressure on them to become climate-neutral and the relatively large CO2 footprint of conventional magnesium production.<\/p>\n

Fortunately, there is a solution in sight. About two decades after European Mg manufacturers closed their unprofitable plants, MFE is pioneering the re-establishment of a clean, green, and sustainably competitive Mg production in Europe.<\/p>\n

MFE\u2019s project is motivated and facilitated by two important catalysts:<\/p>\n