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MFE solicits offers for pre-feasibility study and basic design, July 2026

MFE is about to commence the local permitting process in Wilhelmshaven, which will involve the basic - and detailed design as well as a summary of all technical results in a technical feasibility study. MFE has invested the large majority of all funds raised to date into technical studies and mastering the relevant aluminothermic technology.

MFE is currently in a small capital raising to fund this next step and achieve a ready to build status.

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MFE's European technology partner ITÜ published scientific article on Al-thermic Process, June 2026

MFE's European technology partner, Istanbul Technical University (ITÜ), has independently reviewed the Aluminothermic process to be used by MFE and recently published a peer-reviewed scientific paper in the Journal of Sustainable Metallurgy: Benzesik, Zöhra, Göknel & Yücel, Waste Minimization Approach in the Vacuum Aluminothermic Production of Green Magnesium via CaO–MgO Separation, May 2026.

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LCA (Life Cycle Assessment) Study completed, June 2026

Earlier this year MFE commissioned a LCA Study with DLR Institute of Vehicle Concepts (Germany) to assess the overall CO2 impact of MFE’s future Mg and by-product production in Wilhelmshaven. The study has now been completed with extremely favourable results. In summary, the Al-thermic Process selected by MFE for its future production will generate Mg and by-products with a CO2 emission of less than 2.1 mt per 1 mt of Mg and c. 12 mt of by-products when pure Aluminium is used as reductant and less than 1 mt of CO2 if Al-scrap is used. This is the lowest CO2 emission level globally for any Mg production and compares very favourably with conventional productions which typically involve c. 20-25 mt of CO2 per mt of Mg.

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MFE receives Letter of Support from the Federal State (Bundesland) of Lower Saxony, Sep. 2025

MFE met with high ranking politicians of Lower Saxony and senior officials of various stakeholders relevant to MFE's project in Wilhelmshaven. MFE presented its project and asked for support. As a result of this meeting, MFE received a Letter of Support from Minister President Olaf Lies and a dedicated state-level working group was established to facilitate project planning and  implementation. This broad political commitment represents an important foundation for the successful realisation of the project.

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MFE confirms all Al-thermic process steps with its European technology partner ITÜ, January 2025

Earlier in 2025, MFE agreed a cooperation with ITÜ (Technical University of Istanbul) to validate the results of its industrial test in China and to form a long-standing partnership with a highly reputable and competent scientific organisation. ITÜ is geographically close to MFE’s production location and interested in developing the Al-thermic technology further over the coming years. In this second technical validation ITÜ confirmed by way of an independently designed and conducted lab test the results of MFE’s pilot and industrial test completed earlier this year in China.

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MFE completes full project review with “big 4" audit firm, August 2024

Earlier this year MFE appointed a top 4 international accounting / audit firm to conduct a plausibility check of MFE’s planning assumptions and analyse the economic attractiveness of MFE’s project based on third party information provided. This project validation has now been completed and a comprehensive report is available providing further momentum to MFE’s fundraising activities.

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MFE completes its large scale industrial test audited by DMT (TÜV Nord), May 2024

MFE has completed the last two steps of its industrial test, the reduction and the refining. The results including energy consumption and material balance are still being evaluated but first figures are extremely encouraging. Due to the high-quality dolomite feedstock, the Crown Mg produced is showing a 99.96% purity.  DMT’s specialist metallurgic engineer observed all steps of the industrial test. MFE will receive an audit report from DMT, as well as a very comprehensive test report from LGE / ZRI and several tons of Mg and by-products (PCC, Al-Mg-Spinel / Al-Oxide) for further evaluation and discussions with potential clients. MFE’s proud CTO received the first Mg-ingot produced from Kupres dolomite (photo).

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MFE agrees cooperation with ITÜ, Istanbul Technical University, April 2024

Earlier this year, MFE agreed a cooperation with ITÜ (Technical University of Istanbul) to validate the results of its industrial test in China and to form a long-standing partnership with a highly reputable and competent scientific organisation that is geographically close to MFE’s production location and interested in developing the Al-thermic technology further in the coming years.

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MFE’s pilot test advancing and confirming effectiveness of Al-thermic Process, February 2024

MFE’s industrial scale test using 40 mt of MFE’s own Kupres Dolomite in an Al-thermic pilot plant in China is now more than 50% complete and scheduled to be finalized within the next 6-8 weeks. Main goals of the test are to determine the exact configuration of MFE’s future Mg production plant and to confirm the favourable lab test results of August 2022. The pilot test steps completed to date - Calcination, Ca-Mg Separation and production of PCC (Precipitated Calcium Carbonate) as well as MgO enrichment - confirm the favourable 2022 lab test results and support MFE’s conviction that the Al-thermic process is the right way to a waste-free and competitive Mg production!

Photo (lhs): MgCO3 filterpress filtering enriched Magnesium Carbonate.

Photo (rhs): Resulting intermediate MgCO3 product.

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MFE commences industrial pilot test with its technology partner LGE / ZRI, November 2023

In early November MFE started an industrial scale pilot test with 40 mt of its Kupres Dolomite at LGE / ZRI’s fully operating al-thermic plant in China. The pilot test is meant to confirm last year's favourable lab test results and allow for an exact configuration of MFE’s future production plant. The first part of the test, the Dolomite calcination, was completed at the end of November and results were very much in line with the 2022 lab test results. Further tests involving Ca-Mg separation, Mg reduction and refining will be conducted over the next few months. (Click on right hand side picture to play the video).

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Independent Aluminothermic Technology Audit by DMT (TÜV NORD), June 2023

In June MFE’s CTO Ilhan Goknel visited LGI / ZRI to inspect the test facilities, visit Al-thermic plants in operation, and plan for MFE's pilot test to be conducted later this year. Ilhan was accompanied by the Principal Engineer Processing & Metallurgy / CS from DMT (TÜV NORD) who MFE had asked to act as independent auditor and inspect the present status of the Al-thermic process in China. The findings confirmed MFE’s conviction that the technology is fully developed and already being used in China at industrial scale (TRL = 8-9). A copy of the report is available in MFE’s data room and to parties that MFE has signed an NDA with.

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MFE prepares 40 mt Pilot Tests, June 2023

In 2022 MFE conducted various lab tests with LGE / ZRI in China.  The results were extremely positive and confirmed the suitability of the raw material for the Al-thermic process, the very high quality of the dolomite and the correspondingly high quality of the outputs: Magnesium as well as PCC (Precipitated Calcium Carbonate), Al-Mg-Spinel (76-78% Al2O3), and Dry Ice / liquid CO2.

More recently, MFE and LGE / ZRI agreed to conduct an industrial scale test at LGE / ZRI’s fully operating Al-thermic pilot plant using c. 40 mt of MFE’s own Kupres Dolomite . The comprehensive pilot test has been designed to confirm last year's lab test results and allow for the exact configuration of MFE’s future production plant. 

MFE identified by EIT as a strategically important CRM project, May 2023

On 15-17th May EIT RawMaterials and ERMA held their 5th European Raw Materials Summit. Representatives of MFE attended the event in Brussels. As part of the Summit, EIT released its Cluster 2 Report titled "Materials for Energy Storage and Conversion - A European Call for Action”. The report highlights the importance of certain CRMs for technologies that are critical to the EU’s change towards greater sustainable energy generation. MFE was identified as 1 of 55 European companies and 1 of only 3 magnesium projects relevant to ERMA’s investment pipeline and the successful execution of a European CRM strategy. For a copy of the report please click on the photo on the left.

MFE receives favourable lab test results for its Kupres Dolomite, August 2022

MFE has conducted a comprehensive lab test with LGE / ZRI in China. The results were extremely positive and confirmed the suitability of the raw material for the Al-thermic process, the very high quality of the Dolomite and the correspondingly high quality of the outputs: Magnesium as well as PCC (Precipitated Calcium Carbonate), Al-Mg-Spinel (76-78% Al2O3), and Dry Ice / liquid CO2.

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