Metal Powder Works Limited · ASX:MPW
Metal Powder Works — Investor Presentation (September 2025)
30 slides from Metal Powder Works's investor presentation, Sep 8, 2025
Slide 1: Investor Presentation September 2025
For personal use only ASX: MPW INVESTOR PRESENTATION SEPTEMBER 2025 1 Not for release to US wire services or distribution in the United States
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER. IMPORTANT NOTICES AND DISCLAIMER DISCLAIMER This Presentation has been prepared by Metal Power Works Limited (ACN 158 307 549) (the “Company”) in relation to an equity capital raising by the Company consisting of a placement of Company shares to certain sophisticate
Slide 3: Executive Summary
EXECUTIVE SUMMARY. Strategic • Patented DirectPowder technology is the first major innovation in powder manufacturing in +50 years Location and For personal use only • Neighborhood 91 Facility in Pittsburgh, Pennsylvania, where +40% of powder in North America is manufactured Competitive grants immed
Slide 4: Leading Metal Powder Works
LEADING METAL POWDER WORKS. For personal use only John Barnes Chris Aldridge CEO & Managing Director CTO Mr Barnes has a 30+ year career in product Mr Aldridge has worked in advanced development and aerospace with Honeywell, manufacturing process Lockheed Martin Skunk Works, Australia's development
Slide 5: About Metal Powder Works
ABOUT METAL POWDER WORKS. Metal Powder Works Limited (MPW) is an ASX-listed manufacturer specializing in high-quality metal powders for additive manufacturing. Based in Pittsburgh, For personal use only USA, MPW has developed proprietary DirectPowder technology—the first major innovation in powder m
Slide 6: Technology
TECHNOLOGY. The MPW Direct Powder System represents the first breakthrough in metal powder manufacturing in over 50 years, delivering unprecedented efficiency and quality in powder production. For personal use only Manufacturing Process Key Efficiencies • Achieves yield rates exceeding 95%, represen
Slide 7: Transforming Metal Powder Production
TRANSFORMING METAL POWDER PRODUCTION. Metal Powder Works delivers precision engineered metal powders that set new industry standards for quality, consistency, and performance. For personal use only MPW’s Technology Efficiency Our Powder Size Distribution is 30µm No Fines Consistent DirectPowderTM is
Slide 8: Powder Portfolio
POWDER PORTFOLIO. Aluminium alloys Copper alloys Specialty alloys Pure Cu For personal use only Al-Sc 6061 OFHC CP-Ti (99.5%) Cu NiAl 7050 5083 C18150 Zircaloy-4 Bronze 7075 4032 CuNi 70/30 C72900 C71500 7A76 2024 CuNi 70/30 C90300 C96400 Navy G 2219 Industry Applications Industrial Maritime Aerospa
Slide 9: Targeting Existing & Emerging Markets
TARGETING EXISTING & EMERGING MARKETS. MPW specialises in manufacturing premium metal powders for the powder metallurgy industry, while also serving the rapidly growing additive manufacturing market. For personal use only Accelerated Sales Cycle: Powder to Purchase in Weeks Powder Metallurgy (PM) Ad
Slide 10: Strategic Highlights
STRATEGIC HIGHLIGHTS. Strategic customers continue to report strong performance results from powder validation programs For personal use only • Multiple contracts and trial programs in motion, with near-term potential to convert into long-term supply agreements • Target performance achieved by HAMR
Slide 11: Landmark U.S. Navy Contract
LANDMARK U.S. NAVY CONTRACT. Expeditionary DirectPowder System Sale For personal use only • ~$1M AUD contract with U.S. Naval Postgraduate School for a first-of-its-kind, point of need, expeditionary DirectPowder unit • Enables rapid, on-site production of high-quality powders in remote or contested
Slide 12: Strategic Impact
STRATEGIC IMPACT. During a fight with contested logistics, think Guadalcanal, maintaining equipment will be more For personal use only challenging due to restricted supply chains. 3D metal printers and cold spray repair platforms enables the Marine or Sailor the ability to manufacture replacements o
Slide 13: Market Validation
Market Validation This maritime valve component, found on most For personal use only naval vessels, demonstrates how MPW powders integrate seamlessly into advanced manufacturing. Trusted Alloy: CuNi 70/30 – industry standard for marine applications. Commercial Proof: Successfully built with WarpSPEE
Slide 14: DirectPowder vs Atomizing
TRANSFORMING METAL POWDER PRODUCTION. DirectPowder vs Atomizing DirectPowder Atomizing For personal use only • >95% yield of desired powder size. Designed to make the desired • 20-50% yield of desired powder size. Sieving required to make PSD desired PSD • Shape and size control from flakes to fiber
Slide 15: Atomizing v MPW's DirectPowder
ATOMIZING v MPW’s DirectPowder . DirectPowder technology delivers superior yields and streamlined operation, producing more saleable output than costly, complex alternatives. For personal use only Gas Atomisation DirectPowder Gross Output per Unit 200 MT 100 MT CAPEX per unit USD 6 million USD 0.25
Slide 16: MPW Competitive Advantage – Margin Expansion
MPW COMPETITIVE ADVANTAGE – MARGIN EXPANSION. For personal use only MPW is redefining the unit economics of metal powders. Our DirectPowder process already delivers gross margins above 50%, substantially higher than those achievable through traditional atomization methods. With the commissioning of
Slide 17: Strategic Growth Priorities
STRATEGIC GROWTH PRIORITIES. MPW is targeting 800MT of sales by 2028 as it continues to provide customer solutions across traditional powder metallurgy, metal injection moulding, and additive manufacturing sectors. For personal use only Market Leverage Invest In Sales Market Expand Penetration Capac
Slide 18: Experienced Board & Leadership Team
EXPERIENCED BOARD & LEADERSHIP TEAM. Stuart Carmichael Jim McDowell JOHN BARNES Non-Executive Chairman Non-Executive Director CEO & Managing Director For personal use only Mr Carmichael is a highly Jim brings 35+ years’ experienced corporate advisor Mr Barnes has a 30+ year career in product leaders
Slide 19: Equity Raise & Indicative Timetable
EQUITY RAISE & INDICATIVE TIMETABLE. Equity Raise Overview For personal use only Placement to raise approximately A$15.0 million via the issue of approximately 4.3 million new fully paid ordinary Offer Structure & Size shares (New Shares) at A$3.50 per New Share (Placement or the Offer) New Shares u
Slide 20: Indicative Sources & Uses of Funds
INDICATIVE SOURCES & USES OF FUNDS. Offer proceeds will be used to accelerate MPW’s expansion targeting 800MT of sales by 2028 . For personal use only Scale Production (A$5.0m): Expand production lines and commission Sources of Funds A$M additional equipment to lift output, ensuring MPW can fulfil e
Slide 21: Key Risks
For personal use only 1 KEY RISKS APPENDIX 1
Slide 22: Key Risks – Company Specific
KEY RISKS – COMPANY SPECIFIC Reliance on key customers A significant proportion of MPW’s revenue is currently derived from its largest customers, being Toho Titanium and Solvus Global. Sales from Toho Titanium and Solvus Global represented approximately 64% of MPW’s revenue in 2023 and 75% in 2024.
Slide 23: Key Risks – Company Specific (Cont'd)
KEY RISKS – COMPANY SPECIFIC (CONT’D) Intellectual Property Risk The Company undertakes measures to protect its know how, commercially sensitive information and intellectual property, however, no assurance can be given that employees or third parties will not breach confidentiality agreements or inf
Slide 24: Key Risks – Company Specific (Cont'd)
KEY RISKS – COMPANY SPECIFIC (CONT’D) Workplace health and safety MPW staff work in an environment subject to heightened workplace health and safety risks. MPW and their respective staff must comply with various workplace health and safety laws. In the event that the Company does not maintain its st
Slide 25: Key Risks – General
KEY RISKS – GENERAL Investment in capital markets As with all stock market investments, there are risks associated with an investment in the Company. Securities listed on the stock market have experienced extreme price and volume fluctuations that have often been unrelated to the operating performan
Slide 26: Appendix: International Offer Restrictions
For personal use only APPENDIX 2 INTERNATIONAL OFFER RESTRICTIONS 1
Slide 27: International Offer Restrictions
INTERNATIONAL OFFER RESTRICTIONS This presentation does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in
Slide 28: International Offer Restrictions (Cont'd)
INTERNATIONAL OFFER RESTRICTIONS (CONT’D) Hong Kong WARNING: This presentation has not been, and will not be, registered as a prospectus under the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) of Hong For personal use only Kong, nor has it been authorised by the Securities
Slide 29: International Offer Restrictions (Cont'd)
INTERNATIONAL OFFER RESTRICTIONS (CONT’D) Singapore This presentation and any other materials relating to the New Shares have not been, and will not be, lodged or registered as a prospectus in Singapore with the Monetary Authority of Singapore. Accordingly, this presentation and any other document o
Slide 30: For Further Information Please Contact
For personal use only FOR FURTHER INFORMATION PLEASE CONTACT. John Barnes Simon Hinsley Founder & Managing Director Investor and media relations – Metal Powder Works – NWRCommunications E: investors@metalpowderworks.com E: simon@nwrcommunications.com.au P: +61 401 809 653 31
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