Magrathea partners with global automaker
San Francisco, 12 February 2025 - Magrathea, a company developing innovative technology for the production of carbon neutral light metal from seawater, has partnered with a multinational automotive manufacturing company to deploy US-made light metal in current and future vehicle products.
Under the terms of the partnership, the automaker has pre-purchased a percentage of Magrathea’s future demonstration plant product. In collaboration with key stakeholders, the automaker will qualify the metal, alloy it, and incorporate it into existing products at US-based manufacturing facilities.
“This partnership is a clear signal that top-tier industrial players see the strategic importance of our product,” said Alex Grant, CEO of Magrathea. “We're scaling a technology that delivers a secure, clean alternative to Chinese Pidgeon process magnesium at a time when both supply chain resilience and deep decarbonization are global priorities.”
Magrathea’s automaker partner already uses magnesium across multiple vehicle brands and is a leader in advanced manufacturing technologies such as thixomolding. Today, their vehicles contain an average of 5kg of magnesium each, with potential to scale to 20-40kg per vehicle in the near future.
Beyond the automotive sector, Magrathea has secured LOIs and MOUs from leading North American, South American, and European magnesium buyers representing over 25% of the world’s ex-China demand for the metal. These partners include primary and secondary aluminum producers, metallothermic reduction operators, powder producers, desulfurization product distributors, sand casters, and die casters.
About Magrathea
Magrathea is a technology company based in California developing a new generation of electrolytic process for making carbon neutral metal from seawater and brines for the era of deglobalization and decarbonization. For media inquiries, please contact media@magratheametals.com.
A PDF version of this announcement can be found here.