Amaero International (ASX:3DA) signed a three-year deal with The Perryman Company for the supply of US-melt and forged titanium alloy bars, according to a Tuesday filing with the Australian bourse.
The Perryman Company will be the company's preferred and primary supplier under the deal, which provides a baseline price in 2025 and increases annually on an agreed percentage, the filing said.
Amaero International shares rose 8% in morning trade Tuesday.
Price (AUD): $0.36, Change: $+0.03, Percent Change: +7.58%
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