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Project summary

The project addresses the issue of weight reduction of structural components by using magnesium (being 75% lighter than steel and 35% lighter than aluminium).

Overall goal of the project is to provide tailored and cost-effective technologies for the industrial manufacturing of magnesium forged components.
Learn more about MagForge project

Facts & Figures

The European forging industry as an industry with about 1,000 SMEs and 135,000 direct work places experiences fierce cost-price competition in the global market. For the forging companies, there is thus a distinct need to stay ahead by developing into a "super specialist" and/or co-maker, rather than to be rendered into a jobber.

Being governed mainly by the automotive industry, their market is further characterised by the continuous need for weight saving in order to meet commitments and legislation on fuel economy and emission reduction. Since the prevailing material for forging is still steel, there is a clear opportunity to specialise in the processing of light-metals.

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