The concept of digital twinning is essential for smart manufacturing and cyber-physical systems to be connected to the Metaverse. These digital representations of physical objects can be used for real-time analysis, simulations, and predictive maintenance. A combination of smart manufacturing, Industry 4.0, and the Metaverse can lead to sustainable productivity in industries. This paper presents a practical approach to implementing digital twins of a magnetic forging holder that was designed and manufactured in this project. Thus, this paper makes two important contributions: the first contribution is the manufacturing of the holder, and the second significant contribution is the creation of its digital twin. The holder benefits from a special design and implementation, making it a user-friendly and powerful tool in materials research. More specifically, it can be employed for the thermomechanical influencing of the structure and, hence, the final properties of the materials under development. In addition, this mechanism allows us to produce a new type of creep-resistant composite material based on Fe, Al, and Y. The magnetic forging holder consolidates the powder material to form a solid state after mechanical alloying. We produce bars from the powder components using a suitable forging process in which extreme grain coarsening occurs after the final heat treatment. This is one of the conditions for achieving very high resistance to creep at high temperatures.