The Recent Advancements in Minimum Quantity Lubrication (MQL) and Its Application in Mechanical Machining—A State-of-the-Art Review

The move toward environmentally friendly methods in the global manufacturing sector has led to the use of minimum quantity lubrication (MQL) as an eco-friendly alternative to traditional flood cooling. However, the natural limits of MQL in high-performance settings have led to the use of nanotechnology, which has resulted in the creation of nanofluids, engineered colloidal suspensions that significantly improve the thermophysical and tribological properties of base fluids. This paper gives a complete overview of the latest developments in nanofluid technology for use in machining. It starts with the basics of MQL and the rules for making, describing, and keeping nanofluids stable. The review examines the application and effectiveness of single and hybrid nanofluids in various machining processes. It goes into detail about how they improve tool life, surface integrity, and overall efficiency. It also examines the benefits of integrating nanofluid-assisted MQL (NMQL) with more advanced and hybrid systems, including cryogenic cooling (cryo-NMQL), ultrasonic atomization, electrostatic–magnetic assistance, and multi-nozzle delivery systems. The paper also gives a critical look at the main problems that these technologies face, such as the long-term stability of nanoparticle suspensions, their environmental and economic viability as measured by life cycle assessment (LCA), and the important issues of safety, toxicology, and disposal. This review gives a full picture of the current state and future potential of nanofluid-assisted sustainable manufacturing by pointing out important research gaps, like the need for real-time LCA data, cost-effective scalability, and the use of artificial intelligence (AI) to improve processes, and by outlining future research directions.