
Company
Redefining the limits of industry with new materials
Founded on January 2, 2025, MHP is a new-materials company commercializing ECO-Almag, the world's first 800MPa-class ultra-light aluminum alloy developed by the Korea Institute of Industrial Technology (KITECH).
A team of veterans from Hyundai Motor takes on the industry's long-standing challenge: a metal that is strong, light, and sustainable.
Founded
2025 revenue
Overview
MHP is a materials company focused on commercializing aluminum-magnesium alloy material. ECO-Almag, developed by the Korea Institute of Industrial Technology (KITECH), is the world's first material delivering near-stainless strength at the weight of aluminum.
MHP supplies the material through the construction of a domestic production plant and collaboration on commercializing it. We serve the mobility, marine, defense, and consumer-goods industries, and are working to establish an integrated domestic production chain from casting to rolling.