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K-TIG Ltd ( (AU:MPW) ) has shared an update.
Metal Powder Works Limited has announced a significant expansion into the precious metal powders market with the successful production of high-purity silver powder using its patented DirectPowder™ process. This development positions MPW to supply critical industries such as electronics and vehicle electrification, enhancing domestic supply chains amid global market shifts. The company’s entry into the silver powder market aligns with its strategy to diversify into higher-margin products, leveraging its superior yield technology to offer competitive pricing and attractive margins. The global silver powder market is projected to exceed USD 2.1 billion by 2033, presenting a substantial growth opportunity for MPW.
The most recent analyst rating on (AU:MPW) stock is a Sell with a A$2.00 price target. To see the full list of analyst forecasts on K-TIG Ltd stock, see the AU:MPW Stock Forecast page.
More about K-TIG Ltd
Metal Powder Works Limited (ASX: MPW) is a leading producer of over 25 specialty metal powders for additive manufacturing and advanced industrial applications. Based in Pittsburgh, USA, the company specializes in high-quality metal powders and has developed a patented, non-thermal powder production process known as DirectPowder™. This innovative method significantly improves yield and affordability, and MPW’s product range includes high-strength aluminum, copper, copper-nickel alloys, and specialty alloys.
Average Trading Volume: 342,897
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$195.3M
For a thorough assessment of MPW stock, go to TipRanks’ Stock Analysis page.