Magnesium is the lightest commercially available structural metal and is an ideal solution for weight critical applications in all industries . The density of magnesium is 66% of aluminum enabling significant weight savings to be achieved. It provides a lightweight alternative to Aluminum, Titanium, Steel and Carbon Fiber. The magnesium alloys alloys can be cast, extruded, rolled, machined, or forged.
A magnesium section is about 22% as stiff as steel of the same thickness but if the depth of the magnesium section is increased to twice that of the steel then the magnesium section will be 70% more rigid and yet only weigh half as much.
Magnesium is the next big thing , scientists are making major discoveries toward lighter cars, trucks, trains, airplanes, home appliances, vessels, computers, sports gears by developing a way to expand the use of magnesium in parts. Using magnesium sheets to make parts is a significant breakthrough.
Albanian Minerals as of 2022 holds the world’s largest and richest magnesium content, mines with reserves over 40 billion tons, estimated worth trillions of U.S. dollars as pure magnesium metal.
Albanian Minerals CEO said, “I have begin carving out a forward-thinking strategy to secure world’s largest and best magnesium reserves and leading edge in magnesium production far into the future.Substantial investments are expected on green auto and mobility market ,wind power, solar, hydro power and green hydrogen on a scale that we have never seen before, and there is much more to come”.
Mr. Muja added that, Albanian Minerals mission is to create a better green future for all the people in this world. As we pursue this mission, we’re guided by our principles that ensure to make this world a better place for future generations to come.
Magnesium Aerospace Alloys: According to Luxfer MEL Technologies , The benefits of high-performance magnesium aerospace alloys include reducing weight in fuselage structures, interior appliances and aero engine frames. Highly machinable, versatile magnesium alloys are also used in manufacturing gearboxes, covers and components, helicopter transmissions, electronic housings, flight control systems and aircraft wheels, to maximize fuel efficiency and to take advantage of the durability of extruded magnesium.
For these and other applications in both commercial and military aircraft, demand is rising for advanced higher-performance, high-temperature Elektron® magnesium alloys that are also corrosion-resistant and ignition-resistant.
Lightweight vehicles need lesser fuel to run and are therefore more fuel efficient. In view of the compelling needs for economical usage of scarce energy resources and ever-stricter control over emissions to lower environmental impact, automotive and aerospace industries are searching for alternative advanced lightweight structural materials to existing conventional materials.
Being one of the lightest and energy-efficient structural materials, magnesium alloys are potential candidates to replace steel and aluminum alloys in automotive and aerospace components since their density is two-thirds of aluminum and one-quarter of steel.
Magnesium has much lower notch sensitivity than Aluminum or carbon fiber. Notch sensitivity is what causes carbon fiber to fracture rather than bend when struck by a sharp object. In the case of Al, notch sensitivity is what creates a stress riser from a dent or nick in the frame that can lead to fatigue failure over time.
Consequently, both carbon fiber and Al frames are typically over-designed to provide an adequate safety margin against such threats. Aluminum handles impacts from sharp objects better than carbon fiber in that it won’t be ruined instantly. Instead, the stress riser increases the likelihood of fatigue failure down the road. Dents and nicks are inevitable in the real world, and magnesium is inherently durable.
Magnesium is building blocks for the future, lighter than aluminum, magnesium has the highest strength to weight ratio of all structural metals. Magnesium is abundant and very easily recyclable. Magnesium has replaced steel and aluminum in many application and is used extensively in alloys.
Magnesium can be cast into various mechanical parts and replace aluminum alloys for virtually anything you want to make lighter and stronger.
The global economies are facing an astronomical increases of price and demand in energy . The natural gas price is at record highs , skyrocketing coal costs and prices as oil is on the rise.
The global energy crunch caused by weather and a resurgence in demand is getting worse, stirring alarm ahead of the winter.
Sahit Muja said, “At Albanian Minerals we are working to turn an existing crisis into a greatest opportunity, we are looking at the global energy crises and pollution through a different lens, smart plan, creative solutions, right mindset and powerful determination to succeed”.
