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One of the most significant components of die casting costs is the initial setup or tooling costs. This refers to the expense incurred in creating the die, which is the mold used to form the casted parts. Tooling costs can vary widely based on several factors, including the complexity of the design and the type of material used for the die. For instance, a simple part can require a relatively low investment, while intricate designs that require high durability might necessitate more expensive materials such as steel, leading to higher initial expenses.