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Metal Powder Works Limited (ASX:MPW)

ALERT: Price-sensitive ASX Announcement for MPW
Current share price for MPW : $2.100 0.115 (5.79%)+
Announcement
Release
21 Nov 2025 8:26AM
Price at Release
$1.985
Full Release
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Summary
Metal Powder Works Limited (MPW), a producer of specialty metal powders, has reported strong demand for its commercially pure titanium (CP-Ti) powder, driven by customer validation of its DirectPowder™ process. In the December quarter, MPW secured five new CP-Ti customers, expanding its base to 8 active customers, with many placing repeat orders. This increase in demand spans industries such as defense, aerospace, and industrial applications, with multiple customers advancing through qualification programs. MPW's competitive edge lies in its ability to tailor production to customer specifications and offer a broad range of alloys. The company aims to meet an anticipated annual demand of 300,000-600,000kg by 2028, with the global CP-Ti market projected to reach USD 4 billion by 2033. MPW's technology has been validated for its superior performance, matching or exceeding conventional standards, and is seen as a credible alternative in performance-critical applications.
Key Points
  • MPW secured five new CP-Ti customers in the December quarter.
  • Company serves 8 active CP-Ti customers, with repeat orders increasing.
  • Demand spans defense, aerospace, and industrial applications.
  • MPW aims to meet 300,000-600,000kg annual demand by 2028.
  • Global CP-Ti market projected to reach USD 4 billion by 2033.
  • MPW's DirectPowder™ process validated for superior performance.
  • Company offers more than 20 different alloys.
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.