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K-TIG Ltd ( (AU:MPW) ) has shared an update.
Metal Powder Works Limited has successfully doubled the production capacity of its DirectPowder™ process without additional capital expenditure, thanks to advancements in tooling and process optimization. This milestone, along with an increase in material utilization that reduces production cycle time by up to 40%, positions MPW to meet growing demand, particularly in the North American CuNi market. These developments enhance MPW’s capacity to over 100 metric tons of key alloys, supporting its strategic goal to serve the Defence Industrial Base, with implications for increased efficiency and market competitiveness.
More about K-TIG Ltd
Metal Powder Works Limited (ASX: MPW) is a producer of high-quality metal powders used in additive manufacturing and other advanced applications. The company focuses on producing copper, nickel aluminum bronze (NAB), and copper-nickel (CuNi) bronze alloys, which are valued for their resistance to seawater corrosion, strength, and wear resistance. MPW aims to establish itself as a USA-based production source for the Defence Industrial Base.
Average Trading Volume: 735,887
Technical Sentiment Signal: Sell
Current Market Cap: A$121.9M
For detailed information about MPW stock, go to TipRanks’ Stock Analysis page.