The present investigation deals with the synthesis of ternary transition metal alloy nanoparticles of FeCoNi and graphene templated FeCoNi (FeCoNi@GS) by one-pot reflux method and there use as a catalyst for hydrogen sorption in MgH2. It has been found that the MgH2 catalyzed by FeCoNi@GS (MgH2: FeCoNi@GS) has the onset desorption temperature of similar to 255 degrees C which is 25 degrees C and 100 degrees C lower than MgH2 catalyzed by FeCoNi (MgH2: FeCoNi) (onset desorption temperature 280 degrees C) and the ball-milled (B.M) MgH2 (onset desorption temperature 355 degrees C) respectively. Also MgH2: FeCoNi@GS shows enhanced kinetics by absorbing 6.01 wt% within just 1.65 min at 290 degrees C under 15 atm of hydrogen pressure. This is much-improved sorption as compared to MgH2: FeCoNi and B.M MgH2 for which hydrogen absorption is 4.41 wt% and 1.45 wt% respectively, under the similar condition of temperature, pressure and time. More importantly, the formation enthalpy of MgH2: FeCoNi@GS is 58.86 kJ/mol which is 19.26 kJ/mol lower than B.M: MgH2 (78.12 kJ/mol). Excellent cyclic stability has also been found for MgH2: FeCoNi@GS even up to 24 cycles where it shows only negligible change from 6.26 wt% to 6.24 wt%. A feasible catalytic mechanism of FeCoNi@GS on MgH2 has been put forward based on X-ray diffraction (XRD), Raman spectroscopy, Fourier Transform Infrared Spectroscopy (FTIR), X-Ray Photoelectron Spectroscopy (XPS), and microstructural (electron microscopic) studies. (C) 2019 Hydrogen Energy Publications LLC. Published by Elsevier Ltd. All rights reserved.