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7 stories mentioning ASX:MPWUpdated 8d ago

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Asia

Metal Powder Works Receives Purchase Order From Pennsylvania-Based Company; Shares Up 8%

Metal Powder Works (ASX:MPW) received an initial scale-up production purchase order for pure copper powder from Pennsylvania-based Advantage Metal Powders, according to a Thursday filing with the Australian bourse.Fulfilment of the order will form the basis for both parties to assess a long-term supply arrangement from the first half of 2027, the filing said.Financial terms of the transaction were not disclosed.Metal Powder Works shares rose 8% in midday trade Thursday.

ASX:MPW
Asia

Metal Powder Works Appoints COO

Metal Powder Works (ASX:MPW) appointed Ahmed El Desouky as chief operating officer, according to a Thursday Australian bourse filing.El Desouky most recently served as director of operations for new product introduction at Veeco Instruments, the filing added.The company's shares rose around 1% in recent Thursday trade.

ASX:MPW
Asia

Metal Powder Works Enters Powder Partner Program with Powder Blending, Remill Supplier; Shares Fall 3%

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.

ASX:MPW
Asia

Metal Powder Works Extends Contract with Westinghouse Electric, Shares Rise 3%

Metal Powder Works (ASX:MPW) extended its contract with Westinghouse Electric for a further three months, moving into the next phase of its product development project, according to a Wednesday Australian bourse filing.The next phase of collaboration is expected to take three months, and Metal Powder Works will advance and scale the ability to make powder feedstock via the DirectPowder process.Its shares rose 3% in recent trading on Wednesday.

ASX:MPW
Asia

Metal Powder Works' Metal Powder Machine Achieves Annual Capacity of 100 Metric Tonnes; Shares Up 10%

Metal Powder Works' (ASX:MPW) NextGen machine achieved sustained annual production capacity of 100 metric tonnes, with an in-specification saleable yield surpassing 95%, according to a Wednesday filing with the Australian bourse.NextGen is designed for industrial-scale manufacturing of non-thermal, solid-state metal powders.The company plans to achieve 800 metric tonnes of installed capacity by 2028, which is estimated to require total capital outlay of about $2 million, the filing said.Shares rose 10% in morning trade on Wednesday.

ASX:MPW
Asia

Metal Powder Works Says Powder Revenue Nearly Doubles in March Quarter, Shares Down 4%

Metal Powder Works (ASX:MPW) said powder revenue nearly doubled quarter-on-quarter in the March quarter, with gross margins maintained at about 50%, according to a Wednesday Australian bourse filing.The company received 35 orders during the quarter, including 18 repeat and 17 first-delivery customers.The company said its Next Gen #1 program is tracking on schedule and on budget, with the first powder successfully produced and ramp-up underway toward its designed 100 metric tonne capacity.The company held AU$13.1 million in cash with no debt.The company's shares fell 4% in recent Wednesday trade.

ASX:MPW
Asia

Metal Powder Works' Titanium Powder Product Meets Aerospace Structural Benchmarks

Metal Powder Works (ASX:MPW) said independent testing has confirmed its product, DirectPowder CP Titanium Grade 2, meets all ASTM B384 structural benchmarks for laser powder bed fusion (L-PBF) technology, according to a Tuesday Australian bourse filing.ASTM standards underpin material qualification for aerospace and defense applications and are widely used as a globally recognized benchmark for structural performance, the filing added.The company said that a third qualification process is currently underway with the University of Dayton Research Institute, targeting structural repair applications.Metal Powder Works' shares gained about 2% in recent Tuesday trade.

ASX:MPW

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