Industry's First Technology to Use Magnesium Alloys in Wire-Laser Metal 3D Printer Developed by Multi-sector Consortium in Japan [Yahoo! Finance]
MITSUBISHI ELEC UNSP/ADR (MIELY)
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Source: Yahoo! Finance
TOKYO, June 13, 2024 BUSINESS WIRE Mitsubishi Electric Corporation (TOKYO:6503), Magnesium Research Center (MRC) of Kumamoto University, TOHO KINZOKU CO., LTD., and the Japan Aerospace Exploration Agency (JAXA) announced today the 3D printing industry's first high-precision additive manufacturing (AM) technology for using magnesium alloys in a wire-laser metal 3D printer via the directed energy deposition (DED) method, marking a significant leap forward in industrial manufacturing. Unlocking the potential to process magnesium alloys with unparalleled precision and complexity will pave the way for rocket, automobile, aircraft, etc. components that are lighter and stronger than those made of iron or aluminum, leading to improved fuel efficiency and, in the case of rockets, reduced production costs. In addition, the envisioned production processes based on a wire-laser metal 3D printer will be more energy efficient and generate fewer greenhouse gas emissions compared to conventional pro
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