Amaero advances US manufacturing expansion with major equipment orders

Amaero Ltd has announced new manufacturing investments in the United States, securing binding purchase contracts for its Argon recycling plant and a fourth EIGA Premium atomiser. 

The ASX-listed company said the orders support its plan to expand production capacity, strengthen cost efficiency and advance its position as a domestic producer of titanium and refractory alloy powders.

Amaero reported that value-engineering work reduced the expected Argon system cost from about AUD 15 million to roughly AUD 6 million, delivering an estimated AUD 9 million saving. 

The company reported installation is targeted for late 2026, with commissioning expected in early 2027. The company said the system is projected to cut Argon consumption costs by around 80 per cent.

“As we moved decisively to relocate the business to Tennessee in July 2023 and to execute on a 3-year capital investment plan, Amaero has established a first-mover advantage,” Chairman and CEO Hank J Holland said.

Amaero also confirmed the purchase of a fourth EIGA Premium atomiser, noting the technology’s recognition by the Air Force Research Laboratory as the standard for reactive and refractory materials. 

Two units are operating, with the third scheduled for June 2026 and the fourth for June 2027.

The company said its AUD 72 million capital program remains on track, with AUD 57 million invested to date. 

Amaero also reiterated that it expects full drawdown of its USD 22.82 million EXIM Bank equipment financing loan by FY2026.

Holland said the company continues to align its manufacturing capability with national-security and supply-chain needs, adding that PM-HIP technology offers “a viable manufacturing technology to address critical production delays with castings and forgings.”