Business Goal
Commercialization of “high corrosion-resistance, flame-retardant magnesium alloy manufacturing” technology
Complete the Mg industry supply chain through the establishment of Mg manufacturing companies
Production of ingots and continuous casting billets of SEN alloy, a new magnesium alloy with high corrosion resistance and flame retardancy
Practical use of technology that complements corrosion resistance and flame retardancy, which are the major weaknesses of magnesium alloy
Technological independence in the parts of parts and equipment according to the application of 3CS and transportation equipment parts
Securing market competitiveness in the material field by establishing Mg-related industries
Planned to expand its business field to manufacture secondary products such as ingots of SEN alloy, a new magnesium alloy with high corrosion resistance and flame retardancy, continuous casting billets and castings, die casting parts, extruded shapes, and plates
Magnesium material has excellent specific strength and light weight among metals used, but corrosion and ignition problems are obstacles to expansion
Commercialization target technology solves corrosion and ignition problems → contributes to the expansion of applied products, expected to increase market acceptance