Metal Powder Works Limited has achieved a major production milestone by successfully manufacturing high-purity silver powder using its patented DirectPowder™ process, positioning itself to serve the booming electric vehicle and electronics sectors.
- Successful production of high-purity silver powder using DirectPowder™
- Achieved over 95% yield, outperforming traditional atomisation methods
- Entry into high-growth markets including electric vehicles and electronics
- Addresses supply chain risks amid China export restrictions
- Silver powder market projected to exceed USD 2.1 billion by 2033
Production Breakthrough
Metal Powder Works Limited (ASX – MPW) has announced a significant advancement in its specialty metal powders portfolio with the successful production of high-purity silver powder. Utilizing its patented DirectPowder™ process, MPW achieved a yield exceeding 95%, a substantial improvement over traditional atomisation techniques. This breakthrough not only enhances material efficiency but also reduces waste, making the silver powder more competitive in cost and quality.
Strategic Market Expansion
The move into precious metal powders marks a strategic expansion for MPW, targeting sectors where silver’s exceptional electrical and thermal conductivity are critical. The electric vehicle (EV) industry, in particular, stands to benefit from this development, as silver powder is integral to battery management systems and other electrification components. Additionally, the electronics and aerospace industries represent substantial demand drivers, with silver powder used in soldering, coatings, and brazing alloys.
Supply Chain and Market Dynamics
Global demand for silver powder is rising sharply, fueled by trends in electrification, renewable energy, and advanced manufacturing. The silver powder market is forecast to surpass USD 2.1 billion by 2033. MPW’s timing is particularly advantageous given recent export restrictions from China, which have disrupted supply chains and heightened the need for reliable domestic sources of high-quality noble metal powders, especially in the U.S. This development positions MPW as a critical supplier in a market seeking diversification and security.
Technology and Commercial Opportunity
MPW’s DirectPowder™ technology is central to this opportunity. By converting high-value silver bars into powder with superior yield, the company can offer a product that is both cost-effective and consistent in quality. CEO John E. Barnes highlighted the transformational nature of the 95% yield, emphasizing the competitive pricing and margin potential this unlocks. The company is now focused on validating silver powder applications with customers to accelerate commercial adoption.
Looking Ahead
While this milestone is promising, the path forward involves market validation and scaling production to meet customer specifications. MPW’s expansion into precious metals complements its existing portfolio of over 25 specialty powders, reinforcing its position as an innovator in advanced materials for additive manufacturing and industrial applications.
Bottom Line?
MPW’s silver powder breakthrough sets the stage for growth in electrification markets amid tightening supply chains.
Questions in the middle?
- How quickly can MPW scale silver powder production to meet EV industry demand?
- What pricing advantages will DirectPowder™ technology deliver versus legacy methods?
- Which key customers or contracts will validate MPW’s entry into precious metal powders?