Highlights:
A$9M capital saving secured, Revised Argon project reduces total costs to ~A$6M, delivering a ~60% saving versus prior estimate1.
Cost down impact accelerated, Earlier installation brings forward Argon recovery and cost savings by ~12 months, improving early-stage margin contribution and balance sheet strength.
~80% reduction in recurring Argon expense, Substantial reduction in variable input costs strengthens unit economics, improves cash conversion per kg provided and enhances competitive cost position.
4th EIGA Premium Atomizer ordered, Order placed and commissioning scheduled for June 2027, accelerating growth of U.S powder production capacity across titanium and refractory alloy programs.
Capital investment program on track and more efficient, ~A$57M invested of the A$72M plan2, 3-year capital investment plan on budget and on schedule to be completed by June 30, 2026.
EXIM loan drawdowns timed to commissioning, ~US$15M expected to be drawn by December 31, 2025 (not including exposure), with balance expected to be drawn by June 30, 20263, aligning equipment financing to asset commissioning milestones.
Balance sheet strength maintained through investment cycle, Expected quarter-end position of ~A$53M cash, an increase from September quarter, and ~A$60M tangible assets supports scaled production and commercial development.
MCDONALD, Tenn., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Amaero Ltd (ASX:3DA) (OTCQB:AMROF) ("Amaero" or the "Company"), a leading U.S. domestic producer of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing of components utilized by the defense, space, and aviation industries, is pleased to advise that it has executed binding purchase contracts for the Argon recycling plant and for its 4th advanced EIGA Premium atomizer, advancing the Company's capacity expansion program and accelerating operating cost benefits.
Argon Recycling Plant, Improving Economics with Earlier Benefit Realization
At the time of the A$50 million Placement, Amaero estimated a total Argon plant investment of approximately A$15 million and expected a 2-year schedule to design, build and commission the recycling system.1 Following value engineering of the plant scope, delivery structure, and operating model, Amaero has now contracted the system at an estimated total installed cost of ~A$6M, representing a A$9M capital saving, or ~60% reduction versus initial estimates.
The system is expected to be installed by the end of calendar year 2026, with commissioning expected during 1Q CY2027, bringing forward scheduled operating expense savings by approximately 12 months relative to original guidance. Once operating, the Argon recycling system is expected to:
Reduce recurring Argon consumption expense by ~80%
Materially reduce unit input costs during Amaero's scale up period
Deliver a payback period of 2 - 2.5 years, and
Support durable margin improvement against industry peers.
Given Argon is ...
