Gunter Franke

Advanced Magnesium Ltd. researches and develops new proprietary magnesium alloys. The company's principal activities are developing, manufacturing and marketing proprietary alloys and providing Magnesium consulting services. It also invests in the development of new technologies primarily through the Australian Cooperative Research Centre, CAST. The company is headquartered in Sydney, Australia.

Part of Magontec Ltd., Magontec GmbH was founded in 1987 and is a German company that buys pure magnesium and magnesium alloy scrap to produce magnesium alloy ingots. The company is based in Bottrop, Germany and their magnesium alloy cast house is powered from 85%% renewable sources, producing the lowest CO2 embedded magnesium in the world. The company also manufactures magnesium and titanium anodes for cathodic corrosion protection and are major suppliers to the water heater industry. The company's research and development is focused on castings for places where several pillars and beams meet. Magontec was acquired by Advanced Magnesium Ltd. from Aeris Resources Ltd. on July 04, 2011 for $5.73 million.