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Metal Powder Works Limited (ASX:MPW)

ALERT: Price-sensitive ASX Announcement for MPW
Current share price for MPW : $1.835 -0.495 (-21.24%)+
Announcement
Release
14 Apr 2026 8:18AM
Price at Release
$2.330
Full Release
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Summary
Metal Powder Works Limited (MPW) has announced that its DirectPowder™ CP Titanium Grade 2 has met all ASTM B384 structural benchmarks for Laser Powder Bed Fusion (L-PBF) technology. The independent mechanical testing confirmed that MPW's powder offers superior tensile strength, yield strength, and elongation, thereby meeting and even exceeding the structural performance standards necessary for aerospace and defense applications. The company's innovative DirectPowder™ process allows the production of powder at room temperature, which maintains the purity of the source material and improves batch consistency compared to traditional atomized powders. This positions MPW as a cost-effective supplier of high-quality titanium powder with consistent lot-to-lot quality. The company plans to further expand its alloy testing and compile a formal database in preparation for customer qualification submissions, leveraging its demonstrated ability to produce feedstock that meets or exceeds industry standards across multiple additive manufacturing processes.
Key Points
  • MPW's DirectPowder™ CP Titanium Grade 2 meets all ASTM B384 structural benchmarks.
  • The powder achieves superior mechanical properties while maintaining Grade 2 oxygen control.
  • MPW's process produces consistent, high-quality titanium powder at a lower cost.
  • Mechanical testing confirmed tensile strength of 112 ksi, yield strength of 94 ksi, and elongation of 29%.
  • The company is positioning its powder for aerospace and defense applications.
  • MPW plans further alloy testing and formal database compilation for customer qualifications.
  • MPW's innovative process preserves source material purity and improves batch consistency.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.