PyroGenesis Delivers 3.5 Tonnes of Titanium Powder Under New Powder Supply Agreement with U.S. Minerals and Metal Technology Company

Core Insights - PyroGenesis Inc. has signed a new powder supply agreement to deliver 3.5 tonnes of titanium powder produced by its NexGen™ plasma atomization process to a U.S. minerals and metal technology company after successful testing of samples [1][4] - The titanium powder will be used for developing titanium alloys, which are critical for various industries including aerospace, defense, and electric vehicles [2][5] Group 1: Contract and Supply Agreement - The contract involves recurring orders for high-quality "off-cuts" of titanium metal powder, which are produced during the plasma atomization process but not currently utilized in existing commercial metal 3D printers [4][6] - The initial shipment of 3.5 tonnes has already been delivered to the client, with financial terms remaining confidential [4][6] Group 2: Strategic Impact and Market Context - This agreement supports the protection of the critical mineral supply chain and utilizes a sustainable manufacturing process [3][7] - The global 3D printing market for titanium powder is projected to grow from $214 million in 2023 to $1.4 billion by 2032, highlighting the increasing demand for titanium in various industries [14]