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Finance Investment, Oil Mining Resources

Amaero International Limited (ASX:3DA) – Atomiser On Schedule to Be Commissioned By 30 June

Amaero International Limited (ASX:3DA) 2 mins read
  • Installation and cold testing of atomiser completed. Hot testing has commenced and commissioning of atomiser is expected by 30 June.
  • In conjunction with commissioning, Amaero expects to produce 2 tonnes of titanium alloy (Ti64) powder.

  • Initial samples of C103 powder expected to be delivered to offtake counterparty by mid- August.

  • Qualification of C103 powder is expected to be achieved in the 2nd quarter FY2025 and commercial sales are expected to commence in the 3rd quarter FY2025.

Amaero International Limited (ASX:3DA) (“Amaero” or “the Company”) is pleased to announce that the commissioning of the first atomiser is on schedule and expected to be completed by 30 June.

Hank Holland, Chairman and CEO commented on the progress:

“Based on progress to date at our Tennessee facility, with the atomiser installation completed and testing on schedule, we are pleased to confirm prior guidance that we expect the atomiser to be commissioned by 30 June. The expected commissioning and production of the Ti64 powder, followed by the delivery of C103 powder samples, demonstrate our commitment to act with urgency to meet the demands of our offtake counterparty and of stakeholders across the ecosystem. Given the geopolitical backdrop and the priority national policy initiatives, we will continue to advance the scale and the responsiveness of our manufacturing capability to address gaps in U.S. domestic industrial base capabilities and to improve resiliency of the supply chain.”

Hank Holland, Eric Bono (President and CTO), Jay Chandran (Chief Operating Officer) and Amaero’s leadership team recently met with the construction contractor, design / engineering consultant and lead atomiser technician at the facility in Tennessee and are pleased to provide the following update.

  • The fit out construction of Phase I, the powder production / processing area and laboratory, are on schedule. The installation and cold testing of the atomiser have been completed.
  • Hot testing of atomiser has commenced on schedule.

  • In conjunction with commissioning, Amaero expects to produce 2 tonnes of titanium alloy (Ti64) powder.

  • Upon commissioning, Amaero will clean the atomiser and immediately commence parameter optimization for production of C103 powder.

  • Amaero expects to deliver initial samples of C103 powder to offtake counterparty by mid-August. As previously communicated, qualification of C103 powder is expected to be achieved in the 2nd quarter FY2025 and commercial sales are expected to commence in the 3rd quarter FY2025.


About us:

Amaero International Limited is an ASX-listed company focused on production of high-value refractory, specialty and titanium alloy powders for additive manufacturing of mission-critical components for the defence, space and aviation industries.


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

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