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Metal Powder Works Ltd
Bldg, Mile End, U 5 9 William St
Phone: +61 873246800p:+61 873246800 ADELAIDE, SA  5031  Australia Ticker: MPWMPW
Placed into Administration on 2/21/2024
On 2/21/2024, K-Tig Ltd and Keyhole TIG Pty Ltd were placed into Administration under section 436A of the Company Corporations Act 2001.
Richard Tucker and John Bumbak of KordaMentha were appointed as the Administrators.
Business Summary
Metal Powder Works Limited, formerly K-TIG Limited, is specialized in the production of metal powders for additive manufacturing and other advanced applications. The Company has developed a patented, non-thermal powder production process known as DirectPowder. It has 16+ powders in production, including high-strength aluminum, copper and copper nickel alloys, and specialty alloys including CP-Ti and Zircaloy.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20246/30/2024Yes----

Industries
SIC Code Description
3499 Fabricated metal products, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Stuart J.Carmichael 1/1/2022 6/30/2017
Managing Director, Executive Director JohnBarnes 12/16/2024 12/16/2024
Company Secretary JackRosagro 6/25/2024 6/25/2024
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Keyhole TIG (UK) Pty. Ltd. 2 Claridge Court, Lower Kings Road Herts United Kingdom
Metal Powder Works Inc 1300 Clinton Road Clinton PA United States
K-TIG Advanced Welding Systems 1001 Technology Dr. Mount Pleasant PA United States
Keyhole TIG (USA) Inc. 1001 Technology Drive Mount Pleasant PA United States
Keyhole TIG Pty. Limited Bldg 5 9 William Street Mile End SA Australia

Business Names
Business Name
K-TIG Advanced Welding Systems
KBU
Keyhole TIG Pty Limited
7 additional Business Names available in full report.

General Information
Outstanding Shares: 73,328,415 (As of 12/31/2024)
Shareholders: 2,435
Stock Exchange: ASX
Fax Number: +61 893227602


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Friday, March 21, 2025