Australia's Metal Powder rises after company bags UK defence contract

Metal Powder Works

25/02/2026 03:39

** Shares of Australia's Metal Powder Works MPW.AX rise as much as 9% to A$2.18, hitting their biggest intraday pct gain since February 10

** The metal powder producer says it received an order for the UK Ministry of Defence's flagship programme, Project TAMPA

** Says order for supply of a titanium component

** Project TAMPA explores how 3D printing can make military parts faster and more reliable.

** Stock up 34.8% YTD, including day's moves

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))