MIM is "Metal Injection Moulding".
This is a modern production technique used to make complicated parts without doing a lot of expensive machining.
Powdered metal is mixed with a polymer.
This mixture is injected into a mould and heated until the polymer evaporates and the metal melts and fully fills the mould.
When the part is removed, little if any machining is needed.
All that's usually required is that the part be given a surface hardened coating so it will resist wear.
This greatly speeds production AND reduces costs.
The down side is, MIM parts are not as strong as more tradition methods like forging and milling parts.
Some MIM parts serve quite well, but there seems to be a higher percentage of them that simply break.
Among others, S&W is making most internal revolver parts including hammers and triggers from MIM.
Many 1911 makers are making extractors, sears, and other parts from MIM.
A number of people have reported problems with MIM 1911 extractors.
The big problems people have with MIM is there is a greater risk of broken parts, and the parts are not traditional forged and milled, which offends people's sensibilities.