U.S.-based Amaero rises on $5.5 million supply agreement

Amaero

10/04/2026 02:51

** ASX-listed shares of Amaero 3DA.AX rise as much as 11.5% to A$0.34, their highest level since January 30

** The alloy producer signs supplier agreement worth A$7.8 million ($5.52 million) for titanium powders

**  The customer is a private equity-backed manufacturing technology and advanced materials business, adds co

** Amaero plans to double titanium powder production in FY2027 over FY2026 level

** About 904,293 shares change hands, 1.2x 30-day average

** Stock up 19.1% this year, including the day's move

($1 = 1.4136 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))