Australia's Amaero hits one-month high on resuming titanium powder production

Amaero

09/07/2026 04:11

** Shares of Amaero 3DA.AX rise as much as 3.1% to A$0.335, their highest level since June 9 
** Alloy powder producer says it has resumed titanium powder production following a six-week pause
** Co on May 15 reported a fire at its manufacturing facility in Tennessee and later paused production to review facility
** Amaero adds there were no purchase order cancellations and no employee attrition during the pause 
** Stock up over 18% YTD 

(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com;))