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Metal Powder Works Limited ( (AU:MPW) ) has issued an announcement.
Metal Powder Works Limited, an ASX-listed producer of advanced metal powders for additive manufacturing, operates from its Pittsburgh headquarters and manufacturing base, supplying a portfolio of more than 16 powders spanning aluminum, copper alloys, and specialty materials. Its patented DirectPowder technology, promoted as the first major innovation in powder manufacturing in over half a century, converts premium bar stock into affordable, high-yield powders for diverse industrial uses.
The company has issued a cleansing statement notifying the market that recently issued securities, as referenced in a separate Appendix 2A, were offered without a prospectus under the Corporations Act disclosure exemptions. Metal Powder Works confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information, signalling to investors that the new securities can trade freely while reinforcing the company’s compliance posture on the ASX.
The most recent analyst rating on (AU:MPW) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Metal Powder Works Limited stock, see the AU:MPW Stock Forecast page.
More about Metal Powder Works Limited
Metal Powder Works Limited, listed on the ASX under ticker MPW, is headquartered in Pittsburgh, USA, where it also operates its manufacturing base for high-quality metal powders. The company focuses on powders for additive manufacturing and advanced applications, using its patented non-thermal DirectPowder process to convert premium bar stock into powder, improving yield and affordability across more than 16 materials, including high-strength aluminum, copper alloys, and specialty alloys like CP-Ti and Zircaloy. In 2024, it was recognised as Material Company of the Year by the 3D Printing Industry Awards, underscoring its role as an innovator in metal powder manufacturing.
Average Trading Volume: 183,307
Technical Sentiment Signal: Sell
Current Market Cap: A$365.6M
For an in-depth examination of MPW stock, go to TipRanks’ Overview page.