Below is an extract from Technavio 2017-2021 Global Metal...

Below is an extract from Technavio 2017-2021 Global Metal Powders Market 2017-2021. They are still holding approx. 4% CAGR in global metal powders ( https://www.technavio.com/report/global-metal-powders-market.) however note their comment regarding titanium powders gaining traction.

What I like about todays announcement is that is provides an increase in the number of progress updates we can expect to receive in next 12-18 months. IMO this combined with news regarding development of LFP this should help to build sustainable SP momentum.

On the questioning / cautious side the recent prospectus included the statement "The Company is seeking to conduct & complete testing and development of the powder production during the 2018 calendar year". I note that this wasn't repeated in quote from David in today's announcement. Also in the prospectus there was not a separate amount for powder development in the table outlining use of funds (section 1.5 page 6). Is there a risk of further capital required for Powder development or will it just be reallocated from LFP?

Overview of the global metal powders market

According to Technavio’s market research report, the global metal powders market will grow at a CAGR of close to 4% during the forecast period. The increasing popularity of powder metallurgy (PM) technology is one of the key drivers that will stimulate growth in the market throughout the estimated period. PM is the method of manufacturing ferrous and non-ferrous components. These components are prepared by mixing alloys or elemental powders and compressing the resultant mixture. To metallurgically combine the particles, the resultant mixture is heated or sintered in a furnace. PM process uses approximately 98% of the metal to produce metal powders, which will boost the adoption of PM technology for various purposes. The PM technology will further gain popularity because they help in the conservation of energy by limiting the wastage of resources. The powder metallurgy process requires minimal or no machining, which makes it cost-effective during the production of simple or complex metallic parts. Furthermore, this process also involves minimal or elimination of scrap loss and helps in the maintenance of close dimensional tolerances. These benefits of PM technology will drive the growth of the market for metal powders.
One of the key trends that will gain traction in the metal powders market is the increased focus on titanium powders. The preference for titanium-based products is high due to its corrosion resistance, tensile strength, erosion resistance, and reduced adhesion to foreign materials. Titanium metal powders are used by various end-users such as aerospace, medical, nuclear, and others to manufacture metals and alloys in different applications.