- Stability of raw material cost and supply - the abundance of natural resources together with the cost effective primary processes contribute to a stable supply that can rapidly grow to meet future demand.
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Lower weight - magnesium is the lightest structural metal. It is lighter than aluminum by 35 percent and lighter than zinc by 73 percent. Its excellent strength-to-weight ratio significantly decreases the weight and cost of magnesium components.
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Durability - magnesium is a durable metal with excellent capacity for damping vibrations.
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Machinability – magnesium is the easiest metal to machine, which leads to rapid processing and the cost effective production of finished parts.
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Perfect for complex applications – in the die casting process magnesium can be formed into very complicated and thin-walled parts with a high degree of precision.
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Shielding against electromagnetic radiation – magnesium alloys, due to their excellent conductivity, shield against harmful electromagnetic radiation and are an ideal material to be used in electronic equipment, where electromagnetic radiation is an issue.
- Market growth – the increase in the use of magnesium applications is approximately 15-20 percent annually.