Metal Powder Works (ASX:MPW) entered into a powder partner program agreement with powder blending and remill supplier Jet Metals, under which the latter will test the firm's copper-based powders for "add-mix" applications, according to a Tuesday Australian bourse filing.
The program with Jet Metal provides a collaborative framework for a joint development that, if successful, is expected to result in a commercial off-take agreement, per the filing.
Metal Powder Works' shares fell 3% in recent trading on Tuesday.