ABOUT US

Pioneering the Future of Magnesium Production

In a world increasingly defined by supply chain challenges, environmental concerns, and the need for technological innovation, we stand at the forefront of a critical materials revolution.

Our team is driven by a commitment to sustainability, national security, and industrial empowerment.

By developing and deploying cutting-edge solutions like our patented MagCX process, we’re addressing the Magnesium supply deficit in the United States and paving the way for a stronger, more resilient future.

Our Vision

To establish a secure, sustainable, and reliable domestic supply of high-purity magnesium, ensuring America’s industries can innovate and thrive without the vulnerabilities associated with foreign dependence.

Meet Our Team

Behind our success is a team of visionaries and industry experts, each bringing decades of experience across engineering, earth sciences, technology, and business.

Bala Anand Jeldi

Founder and CEO
  • 20 years of entrepreneurship in space, defense, and automotive industry
  • Successfully developed and commercialized magnesium technologies
  • Awarded the Gold Medal by the Department of Science and Technology (DST) and Lockheed Martin for technology innovation
  • Holds patents in additive technologies and magnesium extractive metallurgy

Austin Hodge

Chief Operating Officer
  • 15 years of global ops, automation and large capital program management for product development
  • Leadership Team at BP and Chevron, technologies and innovation programs
  • Managing product roadmap, operations, and process optimization
  • MBA from Rice University Jones School of Business
  • B.S. in Earth Sciences from Clemson University and M.S. in Earth Sciences from Indiana University

Chris LaMothe

Executive Advisor
  • Over 30 years of experience in venture capital and private equity.
  • Founder and CEO of Ascendanci Ventures.
  • Former CEO of Elevate Ventures.
  • Former partner, chairman, and CEO, Sherry Laboratories.
  • Executive at Oxford Financial Group.
  • Extensive executive leadership background, including serving as president and CEO of the Indiana Chamber of Commerce.

Mike Simek

VP, Strategy and Business Development
  • Lt. Col, USMC – 25-year service career in logistics and engineering
  • Senior executive experience at Rolls-Royce, focused on defense acquisition and business development
  • Expertise in strategy, business development, government funding, and military contracts
  • Successful entrepreneur
  • B.A. from the University of Michigan
  • MBA from Lawrence Technological University

Our Values

Our team is united by a shared commitment to advancing magnesium production while prioritizing environmental stewardship and technological excellence.

Innovation

Sustainability

Resilience

Collaboration

Join Us in Shaping the Future

At Magnesium Innovation Group, we believe that collaboration drives progress. Whether you’re an investor, a potential partner, or an industry leader looking to innovate, we invite you to connect with us and explore opportunities to create a more sustainable and secure future.