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The latest announcement is out from K-TIG Ltd ( (AU:MPW) ).
Metal Powder Works Limited has experienced a significant increase in demand for its commercially pure titanium (CP-Ti) powder, adding five new customers in the current quarter. The company’s DirectPowder™ technology has been validated by multiple customers for its superior mechanical performance and cost efficiency, leading to expanded qualification programs and increased visibility of future revenue streams. This growth is driven by high-demand industries such as aerospace, defense, and chemical processing, with the global market for CP-Ti powder projected to reach US$4 billion by 2033.
The most recent analyst rating on (AU:MPW) stock is a Hold 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 20 specialty metal powders for additive manufacturing and advanced industrial applications. The company focuses on providing innovative metal powder solutions, particularly in the aerospace, defense, and industrial sectors, leveraging its patented DirectPowder™ process.
Average Trading Volume: 351,475
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$287.3M
For detailed information about MPW stock, go to TipRanks’ Stock Analysis page.