In spite of the relatively short time dedicated to the development of magnesium diboride conductors since its discovery in early 2001, a substantial improvement was soon achieved in their manufacture and use. Unlike many others HTS and LTS materials, the MgB 2 conductor processing is more open to a number of improvements and modifications that help in making it more attractive for several DC and AC applications. Many kilometres of conductors were already produced throughout the world and it is now possible to start seriously thinking about a systematic industrial production of this material, as it is already possible to purchase it in reasonable lengths on the free market. These remarkable lengths of conductor were also wound in coils and their performance continuously improved in the past years. Here we will present a review of the recent results and a perspective for the future development of this “new” superconductor, starting from the optimisation of the precursor powders needed to improve the magnetic field behaviour of the tapes, to the conductor development, i.e. the production of multifilamentary Cu-stabilized tapes in lengths up to 1.78 km, to the realization of the first large-scale application devices such as MRI magnets and fault current limiters.