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Metal Powder Works Limited (ASX:MPW)

ALERT: Price-sensitive ASX Announcement for MPW
Current share price for MPW : $1.975 -0.675 (-25.47%)+
Announcement
Release
29 Apr 2026 8:27AM
Price at Release
$2.650
Full Release
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Summary
Metal Powder Works Limited (MPW), a specialty materials company, has announced that its NextGen machine has achieved a sustained production capacity of 100 tonnes per annum, demonstrating an in-specification saleable yield exceeding 95%. This milestone validates MPW's patented DirectPowder™ technology at commercial scale and establishes a clear pathway to 800MT of installed capacity by 2028. MPW's process is highly capital efficient with a CAPEX per saleable tonne of approximately US$2,600, compared to US$20,000 to $80,000 for conventional gas atomizers. The company plans to deploy additional NextGen units, targeting 800MT total installed capacity by 2028, and sees significant market opportunity in qualifying a broader range of metal alloy powders for aerospace additive manufacturing.
Key Points
  • NextGen machine achieves 100MT annual capacity with over 95% yield.
  • DirectPowder™ technology validated at commercial scale.
  • Clear pathway to 800MT capacity by 2028 with capital efficiency.
  • CAPEX per saleable tonne approximately US$2,600.
  • Significant market opportunity in aerospace material specifications.
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.