The Problem
- Single‑country risk is off the charts: USGS 2025 ranks magnesium metal “High” risk with a probability‑weighted ~$303M U.S. GDP hit if exports are restricted — China is the dominant driver.
- Knock‑on pain through U.S. manufacturing: modeled losses from output cuts (≈$177M) and higher input prices (≈$94M); nonferrous foundries are among the most exposed.
- Not just metal — compounds matter: magnesium compounds show “Elevated” risk (≈$28M probability‑weighted GDP impact), again China‑driven.
Global production concentration
85% China
share of primary magnesium
Domestic supply
Import‑reliant
Minimal domestic primary production
Largest US primary magnesium plant
Q3 2025
Idled/bankrupt
Our Opportunity
- We're developing a proprietary electrochemical pathway to process magnesium‑rich seawater.
- Our integrated, port‑co‑located approach is designed to produce primary magnesium ingots for U.S. alloys and die casting.
- We're targeting regions with access to abundant, low‑cost energy infrastructure and established port logistics.
- We are actively validating this pathway and de‑risking the steps toward demonstration.
- Policy winds: U.S. Geological Survey (USGS, 2025) recommends magnesium and points to increasing domestic production.
DFC Critical Minerals Fund
$5B
U.S.-Orion investment to reduce China dependence
Loan Programs Office
LPO
Debt for FOAK/commercial scale
DOE Proving Grounds
$80M
Mining Technology NOI; NOFO expected Q4 2025
Tax Credits
48C/45X
Capex + production credits
Critical Minerals Accelerator
$50M
DOE EERE AMMTO; industry-led prototypes and pilots
Defense Production Act
DPA Title III
Industrial-base support for defense supply chains
FECM Lab Call
~$15M
National Lab RDD for critical minerals
Build U.S. magnesium with
We partner with alloy producers, die casters, port operators, and manufacturing leaders to stand up domestic magnesium capacity.
