Amaero Secures Long-Term Supply Agreement for US Melt Titanium Bars

Amaero International Limited (ASX:3DA) (“Amaero” or the “Company”) is pleased to announce that it has signed a three-year supply agreement with The Perryman Company (“Perryman”) for titanium alloy rods smelted and forged in the USA.

For the three-year term of the agreement, Perryman will be Amaero’s preferred and primary supplier of high-quality, reliable and scalable U.S. smelted and forged titanium alloy rods as feedstock for atomizing high-quality spherical powders. The agreement provides for a base price for the 2025 financial year. For the following contract years, the base price increases annually by an agreed fixed percentage and includes a variable raw material surcharge based on a reference index market price for Ti64. Amaero has provided non-binding estimates of minimum annual requirements and will provide Perryman with updates on a quarterly basis. Amaero has not provided a take-or-pay guarantee; However, the pricing set is based on achieving a minimum annual order threshold of 45 tonnes for CY2025 and 100 tonnes for CY2026 and CY2027. The contract does not specify a maximum volume and it is assumed that Amaero can increase volume to meet its order needs.

Hank J. Holland, Chairman and CEO of Amaero, commented:

“Amaero strives to become the premium manufacturer of C103, refractory and spherical titanium powder with a vertically integrated domestic supply chain in the United States. Securing a long-term U.S. titanium ingot supply contract with a global leader in titanium smelting and forging is important.” Milestone for Amaero and an important step in securing a U.S. domestic supply chain for additive/advanced manufacturing of titanium end parts.

Amaero has taken bold actions and made critical investments to bring online the largest domestic C103, refractory and titanium alloy powder atomization capacity in the United States. After decades of offshore manufacturing, our manufacturing capabilities have atrophied, we have created critical vulnerabilities in the domestic supply chain, and we have lost approximately 40% of our domestic manufacturing workforce. It is essential to both national security and economic prosperity to act with a sense of urgency to improve the resilience and scalability of the U.S. domestic manufacturing and supply chain ecosystem.

We are pleased to establish a strategic partnership with Perryman and look forward to expanding the breadth and scope of the preferred supplier relationship.”

About Amaero

Amaero International Limited (ASX:3DA) is an ASX-listed company with manufacturing and headquarters in Tennessee, USA. Amaero is a leading U.S. manufacturer of high-quality C103, refractory alloy and titanium powders for additive and advanced manufacturing of components used in the defense, space and aerospace industries. The engineering and manufacturing team brings decades of experience and expertise with pioneering work in the gas atomization of refractory materials and titanium alloys. The company has commissioned advanced gas atomization technology with an industry-leading yield of AM powder. The company is also a leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder metallurgy parts with forging-equivalent material properties and microstructures for a variety of alloys.

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