The UK-based manufacturer of metal powders for additive manufacturing processes, Metalysis, has secured £ 20 million in new investment coming from British investor Neil Woodford and Australian mining company Iluka Resources.
Founded in 2001 by the University of Cambridge, Metalysis is focused on cost-effectively producing titanium, tantalum as well as other high value metals using their proprietary FFC process, which offers both economic and environmental benefits over traditional methods. According to the company, the process saves 50% on energy. The FFC process works by introducing metal oxides into a molten salt bath where it is electrolysed to form metal powders.
Metalysis’ materials have been tested in additive manufacturing components for the aerospace and automotive industries including aircraft parts such as landing gears. Additionally, they partnered with UK company TWI, who uses its tantalum powder to 3D print orthopaedic hip implants.
David Robb, managing director of Iluka Ressources said to FirstFT: “The prospects of commercial volumes of titanium metal powder, direct from rutile and synthetic rutile, at a materially lower cost than current technologies, could drive a dramatic expansion in global demand for titanium metal and titanium alloys.”
Check out the video below if you would like to learn more about the FFC process:
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