Titomic reckons its soon-to-open Melbourne 3D printing plant...

Titomic reckons its soon-to-open Melbourne 3D printing plant will use more titanium powder next year than the 154 tonnes the entire world used last year.
The additive manufacturer just raised $12 million to accelerate its development plans and secure supply of the crucial powder.
“We can use over 500kg of titanium powder in one machine per day,” boss Jeff Lang told *.
“Securing the supply chain will give us high volumetric buying power to get favourable powder supply.”
The company says it overcomes previous limitations in 3D printing for metals with its kinetic fusion equipment to manufacture complex parts without shape or size constraints – at up to 30 times faster than conventional hardware.
Titomic’s new Melbourne plant — set to open later this month — will house a 3D metal printer with a 40.5 cubic metre area — and will be the biggest additive manufacturing machine in the world.
Shares in the company have surged since its September listing – closing at $1.53 on Monday, a 765 per cent premium to its 20c offer price.
It is a development that has even attracted the interest on the other side of the world.
Mr Lang has been invited to discuss the company’s tech at the St Petersburg Economic Forum next month – alongside some of the biggest producers of titanium.