Home Search Trends Watchlist Advertise Feedback Profile



Amaero Green Lights Flagship Titanium Project in Tennessee Location Amaero International Ltd

Amaero Green Lights Flagship Titanium Project in Tennessee Location

Post image

Amaero International Limited (ASX:3DA) has announced the selection of Tennessee, US over the UAE as the location for its flagship titanium powder manufacturing facility. The state of Tennessee has provided significant economic incentives and infrastructure to attract the relocation of Amaero’s research and development, corporate headquarters, and flagship plant. The move will accelerate breakeven operations by 12 months and reduce working capital need by $22 million.

Amaero has secured commitments for economic incentives from the Tennessee Department of Economic and Community Development, the Cleveland-Bradley Chamber of Commerce, the Tennessee Valley Authority, and the Oak Ridge National Laboratory. The company has also received a long-term commitment from the Tennessee Valley Authority for investment credit and a long-term electricity rate subsidy.

The manufacturing facility will occupy a 12,100 square metre site in Cleveland, Tennessee, and will include a purpose-built high-bay extension for the installation of four electrode inert gas atomisers. The facility is strategically located for its close proximity to Chattanooga, Tennessee, and is conveniently located near Oak Ridge National Laboratory and the University of Tennessee, Knoxville.

Story Continues.. after this ad because we need some dollarydoos





Amaero intends to pursue US government funding and incentives that target reshoring advanced manufacturing and critical materials supply chain, and will also pursue “offset credit” funding for other strategic projects in the UAE.

The selection of Tennessee as the location for Amaero’s flagship titanium powder manufacturing facility underscores the company’s commitment to financial, operational, and strategic advantages. The move accelerates breakeven operations and reduces working capital need, while positioning Amaero for further growth in the development of advanced materials.

Promote your business on our growing investor platform: Advertise With Us
Reply 215 Share

L
Lykshares 1y

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?

Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Reply
L
Lykshares 1y

#ASX:AZL Could the Dawson Bay Formation Unlock Arizona Lithium’s Full Potential?

Could the Dawson Bay Formation Unlock Arizona Lithium’s Full Potential?
Reply
L
Lykshares 1y

#ASX:CXO Is Core Lithium’s Finniss Project Poised for a Long-Term Comeback?

Is Core Lithium’s Finniss Project Poised for a Long-Term Comeback?
Reply
L
Lykshares 1y

#ASX:ENR Can Encounter Resources’ West Arunta Project Become Australia’s Next Major Niobium Discovery?

Can Encounter Resources’ West Arunta Project Become Australia’s Next Major Niobium Discovery?
Reply
L
Lykshares 1y

#ASX:RDN Can Raiden’s Latest Hires Unlock the Full Potential of the Andover Complex?

Can Raiden’s Latest Hires Unlock the Full Potential of the Andover Complex?
Reply
L
Lykshares 1y

#ASX:RDN Can Raiden’s New Drilling Program Unlock High-Grade Lithium at Andover South?

Can Raiden’s New Drilling Program Unlock High-Grade Lithium at Andover South?
Reply

L
Lykshares 1y

#ASX:ASN How Will Anson Resources' Green River Lithium Project Shape the Future of Sustainable Mining?

How Will Anson Resources' Green River Lithium Project Shape the Future of Sustainable Mining?
Reply