Highlights

  • A September agreement established Nickel 718 powder supply over 30 months, with a stated minimum value of USD 8.1mn.
  • The contractual maximum value is USD 10.8mn, with dedicated stocking support included within the disclosed commercial supply framework.
  • A separate USD 1.95mn government contract covers an 18-month programme involving the recovery and conversion of strategic metals.
  • The company uses its UniMelt microwave plasma process to convert selected recycled materials into powders for demanding manufacturing applications.

6K Additive (ASX:6KA) manufactures metal powders for additive manufacturing and alloy additions for the aluminium industry. A September supply agreement adds a defined commercial term to its nickel powder business, alongside government-supported work on recovering strategic metals from domestic scrap. On 26 October 2026, the company’s shares traded at AUD 0.65, up 4.84%.

Nickel Agreement Defines a Commercial Term

On 30 September, 6K Additive disclosed a 30-month agreement to supply Nickel 718 alloy powder to a US advanced manufacturer. The contract has a minimum stated value of USD 8.1mn and a maximum of USD 10.8mn over its term.

The arrangement includes dedicated stocking support and a structured buy-back programme for used powder. Under that programme, the company purchases revert material and processes it into new powder.

The disclosed contract values apply across the agreement’s duration. The release did not identify those totals as revenue already recognised. Additional collaboration was described as an opportunity that could develop with customer demand.

Recovery Programme Covers Strategic Metals

A separate award announced on 2 April has a total value of USD 1.95mn over 18 months. The programme covers nickel, titanium, tungsten and a niobium alloy recovered from end-of-life parts and other domestic military material.

The work includes identifying and collecting scrap, testing automated sorting concepts and converting selected materials into metal powders. Cold-spray trials are intended to investigate the properties of upcycled nickel and titanium powders for repair applications.

The award is subject to standard US government contract terms, including performance milestones and termination rights. Its objectives concern process development and material qualification, with certified powder batches and an automated sorting prototype among the planned outputs.

Feedstock Agreements Support Powder Manufacturing

In February, the company signed another long-term arrangement under which an energy-sector manufacturer supplies spent nickel alloy powder as feedstock. By that announcement, close to 20 tons of material from that relationship had been processed.

The company uses its proprietary UniMelt microwave plasma production system with feedstock including certified turnings, millings and used additive-manufacturing powder. Its product portfolio includes nickel, titanium, copper and refractory-metal powders.

The commercial supply contract, feedstock arrangement and recovery award cover different activities. Management’s disclosed programme connects access to suitable recycled material with powder production, customer supply and technical validation for aerospace, defence and energy applications.

In May, the company also appointed a chief operating officer to oversee its manufacturing facilities and global operations. The stated remit covered metal-powder production, alloy additions, safety and operational execution across the existing manufacturing network.