Metal Powder Works Limited · ASX:MPW
Metal Powder Works — ASX SMIDcaps Conference (September 2025)
22 slides from Metal Powder Works's conference presentation, Sep 24, 2025
Slide 1: Investor Presentation September 2025
For personal use only ASX: MPW INVESTOR PRESENTATION SEPTEMBER 2025 1
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Metal Powder Works Limited (ACN 158 307 549) (“Issuer”) for the sole purpose of providing an overview of its current prospects and proposed For personal use only development strategy to recipients (“Recipient”). The presentation is based on informati
Slide 3: Capital Structure
CAPITAL STRUCTURE Share Price Performance 5 ASX CODE MPW 4.5 For personal use only 4 Share price on listing (19 Sep 25) $4.80 3.5 Share Price AUD 3 Shares on issue 143.62m 2.5 2 Unlisted options 15.38m 1.5 Performance rights 50.18m 1 0.5 Market capitalisation at $4.80/share $689.36m 0 11-Mar-25 11-A
Slide 4: 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 immedi
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 ma
Slide 6: Leading Metal Powder Works
LEADING METAL POWDER WORKS. John Barnes Christopher Aldridge For personal use only 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 develo
Slide 7: Team Expansion to Support Growth
TEAM EXPANSION TO SUPPORT GROWTH MPW is expanding its sales and technical team to support increasing customer demand and accelerate market penetration. For personal use only Greg Bartley Mitchell Wendel Cynthia Rogers Joe Capone Massimo Dattilo Vice President of Operations & Marketing Powder Met Sal
Slide 8: Technology
TECHNOLOGY For personal use only ¹ Life Cycle Assessment: Metal Powder Works, July 2022 prepared by NextRidge Technologies
Slide 9: Technology
TECHNOLOGY The MPW Direct Powder Process 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 yields exceeding 95%, representing
Slide 10: 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 C86300 2219 Bronze Industry Applications Industrial Mar
Slide 11: 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) Add
Slide 12: Key Customers
For personal use only KEY CUSTOMERS
Slide 13: 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 I
Slide 14: Landmark Contract
LANDMARK 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 environmen
Slide 15: 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 or
Slide 16: Market Validation
Market Validation This maritime valve component, found on most naval vessels, demonstrates how MPW powders For personal use only integrate seamlessly into advanced manufacturing. Trusted Alloy: CuNi 70/30 – industry standard for marine applications. Commercial Proof: Successfully built with WarpSPEE
Slide 17: Transforming Metal Powder Production
TRANSFORMING METAL POWDER PRODUCTION DirectPowder vs Atomizing DirectPowder Atomizing For personal use only • >95% yield of desired powder. Designed to make the desired PSD • 20-50% yield of desired powder size. Sieving required • Shape and size control from flakes to fibers and 0.7-0.8 sphericity •
Slide 18: 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 19: MPW Competitive Advantage – Margin Expansion
MPW COMPETITIVE ADVANTAGE – MARGIN EXPANSION MPW is redefining the unit economics of metal powders. For personal use only Our DirectPowder process already delivers gross margins above 50%, substantially higher than those achievable through traditional atomization methods. With the commissioning of o
Slide 20: 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 Capaci
Slide 21: 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’ Mr Barnes has a 30+ year career in product experienced corporate advisor leadersh
Slide 22: 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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