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Metal Powder Works Limited (ASX:MPW)

ALERT: Price-sensitive ASX Announcement for MPW
Current share price for MPW : $2.090 -0.35 (-14.34%)+
Announcement
Release
6 Nov 2025 8:52AM
Price at Release
$2.440
Full Release
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Summary
Metal Powder Works Limited, an Australian company listed on the ASX under the symbol MPW, expects to achieve sales ranging from USD 1 to 2 million over the next 12 months from its strategic partnership with Hardchrome. This revenue is anticipated from the sale of bronze alloy powders used in laser cladding applications. The company has demonstrated rapid innovation and market readiness through its DirectPowder™ process, which provides competitive advantages in cost and performance. MPW's collaboration with Hardchrome has already resulted in successful initial production runs and secured purchase orders, paving the way for further growth as Hardchrome deploys these materials more widely across its customer base.
Key Points
  • MPW expects USD 1-2 million in sales from Hardchrome over the next 12 months.
  • MPW's bronze alloy powders have been validated for laser cladding applications.
  • The company achieved rapid market readiness with a six-week turnaround from concept to delivery.
  • MPW's DirectPowder™ process provides cost and performance advantages.
  • The partnership with Hardchrome confirms MPW's strategic entry into the growing laser cladding market.
  • Projected market expansion to US$1.4 billion by 2030 in the laser cladding sector.
  • MPW is leveraging its innovative powder solutions for continued growth in high-value markets.
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.