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MPW — Metal Powder Works News Story

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Australia's Metal Powder Works rises on pure copper powder order

BUZZ-Australia's Metal Powder Works rises on pure copper powder order

** Shares of Metal Powder Works MPW.AX rise as much as 11.5% to A$1.895, set for its best session since April 29

** Speciality materials firm receives initial production purchase order for pure copper powder used in Advantage Metal Powders, Inc. add-mix application

** Initial order validates the co's P&S market entry and builds on its Powder Partner Program, successful execution should strengthen the case for incremental capacity investment as demand recurs

** Down 11% YTD, including the session's moves


(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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