Titomic Secures Exclusive Supply Of Aerospace Grade Titanium Powders

Titomic Limited joins hand with Chinese company Sino-Euro Materials Technologies of Xi’An Co. Ltd for supply and distribution services.

The report read that Titomic Limited and Sino-Euro Materials have signed Memorandum of Understanding (MoU) with immediate effect. It will see the Chinese producer supplying metal powders exclusively to Titomic for the development of Titomic Kinetic Fusion™ systems. The deal also includes the distribution and customer support services from Sino-Euro for the sale of Titomic Kinetic Fusion™ systems in China.

The metal powders that will be supplied by Sino-Euro are characterized as high-quality aerospace grade Titanium powders produced by Sino-Euro’s plasma rotating electrode process (PREP). Titomic stated that it has gone through the proper stage of testing to evaluate the quality and international standards of Sino-Euro’s titanium powder.

Managing Director of Titomic, Mr. Jeff Lang stated that Titomic had selected Sino-Euro for the supply of Aerospace grade PREP titanium powders because of their 50+ years of research and development in material science for titanium and superalloys.

Sino-Euro is positioned as a research leader in high-end materials and powder preparation technologies. The company operates as a subsidiary of the leading research center of China, Northwest Institute for Non-ferrous Metal Research (NIN). Sino-Euro has more than 30 patents granted and is recognized for setting up the industrial production line for China’s first Supreme Speed Plasma Rotating Electrode Process (SS-PREP) ™ spherical metal powder.

Mr. Lang added this Memorandum of Understanding would lead to Sino-Euro’s appointment as the sales distributor for Titomic’s TKF system and the customer support partner of Titomic in China by early 2019.

Titomic being an additive producer of large and complex metal parts eyes a strong market for its Titomic Kinetic fusion systems in China. It has been observed that in China metals like titanium alloys are mostly consumed by power, aerospace, desalination and automotive industries. In the aerospace industry, Boeing alone expects that with the escalating growth in air passengers, China’s demand for aircraft will account for 18% of the world’s commercial airplane fleet by 2037.

Despite spreading its footprints in China market, Titomic Limited (ASX: TTT) has been led by the negative market sentiments in today’s trade. The stock price has fallen 0.948% or $0.020 to last trade at $2.090 as at 21 December 2018. But looking to the past performance of Titomic’s stock, we can see a leap of 122.11% over the past one year including the surge of 11.05% in the last one month.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK