AML3D commences first program of work for AdditiveNow

AML3D COMMENCES FIRST PROGRAM OF WORK FOR ADDITIVENOW

Highlights

• AML3D commences program for AdditiveNow, performing the first phase of a program to design and manufacture a large part for a major Australian mining company
• The AdditiveNow collaboration is focused on accelerating the adoption of WAM® within its global network

AML3D Limited (ASX: AL3) (“AML3D” or “the Company”) is pleased to announce that it has initiated a phase 1 materials testing program (“MT Program”) for AdditiveNow Pty Ltd (“AdditiveNow”) for their client, a major Australian mining company.

It is anticipated that WAM® could be utilised to reduce inventory costs associated with large inventories of high-wear and fatigue loaded components that have naturally long lead-times.

This project arose from AML3D’s collaboration with AdditiveNow¹. Positive results from this test program may promote the adoption of WAM® across other AdditiveNow customers with similar requirements.

Mr Andrew Sales, AML3D’s Managing Director comments:
“We are pleased to kick off AML3D’s global collaboration agreement with AdditiveNow with this project for a major Australian mining sector customer. We are confident that our test samples will pass the stringent requirements and progress to manufacturing large mining components with WAM® in order to reduce inventory for customers.”

Mr Sales added:
“AML3D is very pleased that the AdditiveNow partnership is delivering outcomes with blue-chip counterparties so early. We aim to maintain this strong trajectory and look forward to what may materialise in the future.”

Source: AML3D commences first program of work for AdditiveNow PDF, Press Release, COmpany News

Reference 1:  ASX release 24/8/20: AML3D enters into global collaboration with AdditiveNow