Australia's Amaero slips on fire incident at Tennessee facility

Amaero

27/05/2026 04:39

** Shares of Amaero 3DA.AX fall as much as 4.2% to A$0.34, extending losses for the second straight session
** Alloy powder producer reports a small contained fire at its manufacturing facility in Tennessee on Tuesday
** Says no injuries were sustained, with no damage to building or capital equipment
** Adds co expects to pause titanium powder production for around four to six weeks until completion of facility review
** Incident follows a flash fire at the Tennessee facility earlier this month that resulted in two members suffering burn injuries
** Stock up 25.5% YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))