K.01 · Process comparison · 14 min read

MIM vs. investment casting vs. machining. A decision matrix for volumes between 10k and 2 million parts.

The choice of manufacturing process determines 60 to 80 percent of the unit cost — and yet it is often made on the basis of historical habit. This article shows at which volume, geometry and material requirement Metal Injection Molding (MIM) is structurally superior — and when it is not.

The three processes in profile

Here we compare MIM with the two most common alternatives for small to medium-sized steel, stainless and titanium components: investment casting (lost-wax process) and machining from bar stock.

Criterion MIM Investment casting Machining
Typ. weight range0,1 – 250 g10 – 50.000 gopen
Economical volume / year> 20.000> 500< 5.000 (series-typical)
Geometric complexityvery highhighmedium
Standard tolerance class±0,3 % nom. dim.±0,5 % nom. dim.IT6–IT9
Surface without reworkRa 0,8–1,6 µmRa 3,2–6,3 µmRa 0,4–3,2 µm
Material utilisation> 97 %~ 90 %30–60 %
Tooling costshighmediumnone / low

When MIM wins structurally

MIM is not a universal miracle process. It is a very good series process for small, geometrically complex components. Three constellations almost always lead to a MIM recommendation:

  1. Small component, high volume — typically from 50,000 parts/year at weights below 50 g. The tooling costs are amortised and the unit-price advantages over machining come fully into play.
  2. Geometry with undercuts, openings, thin walls — features that require long set-up times and special tools in turning and milling. MIM captures them once in the tool and reproduces them in an automated manner.
  3. Materials that are expensive to machine — austenitic stainless steels (316L), titanium (Ti-6Al-4V), nickel-based alloys (Inconel). The cutting-tool costs in machining explode, whereas MIM feedstock becomes only moderately more expensive.
Break-even example A complex stainless-steel part (316L, 24 g, undercuts) costs between 4.20 € and 5.80 € per piece when machined. MIM is between 2.60 € and 3.10 € — plus one-off tooling costs of approx. 28,000 €. The break-even is at around 18,000 parts per year. Above that, MIM pays off; below it, machining.

When MIM is the wrong process

There are clear contraindications. We communicate them actively — because the wrong process is more expensive than a lost order.

Investment casting vs. MIM — the distinction

Investment casting and MIM are often perceived as competing processes. In practice they overlap only to a limited extent: investment casting dominates from weights above 100 g, MIM below that. In the intermediate range, the geometry decides.

Key differences:

The decision matrix in three questions

If you are still unsure whether your component is MIM-suitable, three questions help:

  1. Does it weigh between 1 g and 200 g? If yes → MIM becomes possible in principle.
  2. Will you take more than 20,000 parts per year? If yes → MIM pays off in most cases.
  3. Does the component have undercuts, openings or thin walls? If yes → MIM will almost always be the most cost-effective solution.

If you have answered "yes" twice or more, a concrete feasibility check is worthwhile. With us, that takes a maximum of 24 hours.

Practical note For around 30 % of enquiries we issue no MIM recommendation — because the quantity, weight or geometry does not fit. In these cases we recommend the appropriate process and the suitable supplier. You are welcome to obtain an open second opinion from us, even if the result is: stay with machining.

Further reading

Related articles on this topic:

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