Metal Powder Works Extends Contract with Westinghouse Electric, Shares Rise 3%

MT Newswires Live

05/27

Metal Powder Works (ASX:MPW) extended its contract with Westinghouse Electric for a further three months, moving into the next phase of its product development project, according to a Wednesday Australian bourse filing.

The next phase of collaboration is expected to take three months, and Metal Powder Works will advance and scale the ability to make powder feedstock via the DirectPowder process.

Its shares rose 3% in recent trading on Wednesday.

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