Backed by its experience in supplying steering armatures, a safety critical part to the auto industry, Ibex has invested in a Magnesium diecasting set up. Ably supported by the Diecast machine manufacturer and M/s. Rauch - suppliers of the magnesium furnaces, this is the first Commercial Cold chamber diecasting facility in India and positions itself as a market leader. A green field site is being planned to house future expansions in the Magnesium facility, the land for which has already been acquired.