Metal Injection Molding. It is a method that adopts certain techniques from the plastic and composite injection world and adapts them to metal structures. Starts with powdered metal mixed with a resin, the part is injected in a mold then heated to a very high temp in something akin to an autoclave. The resin "evaporates" and the metals shrink to a very precise size that can be further machined where needed. (This is strictly the $.01 description of the process). The process comes from the aerospace industry where tolerances are far tighter than anyone in the firearms industry ever thought about using.
MIM is not popular with many because it sort of sounds like injection molding, not anywhere near as classy as forging and machining.