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Major investment by metals company

Posted on 24 Apr 2017 and read 2109 times
Major investment by metals companyMetal and alloys company Metalysis (www.metalysis.com) has committed about £10 million to creating the Materials Discovery Centre at its Materials Manufacture Centre in Wath-upon-Dearne.

This new facility will develop processes capable of making thousands of tonnes per annum of high-value metal alloy powders.

Douglas Caster, chairman of Metalysis, said: “We have a truly unique patented technology that can produce highly desired metals and novel alloys, which have historically been considered too difficult, or too exotic and costly.

“The UK stands to benefit from our world-leading, transformational process, and I am very excited to see what the coming decade will bring for Metalysis.”

Dion Vaughan, CEO of Metalysis, said: “Here at our new Materials Discovery Centre, we will carry out projects to produce exotic metal powders for making the high-performance alloys used by the aerospace and automotive industries.

Titanium compositions for light-weighting vehicles, high-entropy alloys for aero-engines and rare-earth elements for permanent magnets for electric vehicles are a few examples of the projects we are working on.”

Chris Read, leader of Rotherham Council, said: “The council has worked with Metalysis since 2004 and watched the company progress from theoretical research to game-changing technology that is set to transform the metals industry.

“Building on Rotherham’s reputation for high-skilled high-quality manufacturing, this new development from Metalysis ensures that we remain at the cutting edge of innovation and research, bringing the next generation of engineering and manufacturing jobs.”