METALYSIS, the specialist metals manufacturer, has confirmed talks with commercial backers about developing a titanium plant to make the ink for the 3D printing revolution.
Dion Vaughan, chief executive, told the Yorkshire Post that the South Yorkshire-based company is in discussions with financial institutions and industry players about funding for the new facility.
He said Metalysis, headquartered in Wath, has worked closely with Sheffield University to develop new technology to create “very cheap” powders for 3D printing.
Mr Vaughan added that the plant could be built in Yorkshire at a cost of anywhere between $50m and $500m.
He said: “Our technology is all about people and the skills they have. It’s obviously far more efficient if we were able to transfer that technology locally rather than globally.”
3D printers have already created automotive parts using low-cost titanium powders developed by Metalysis.
The company’s technology heralds a new era in additive layer manufacture and will see greater use of titanium in components across the automotive, aerospace and defence industries, said a spokeswoman.
Professor Sir Keith Burnett, vice chancellor at Sheffield University, said: “Most people associate 3D printing with plastic parts, but, with Metalysis’ titanium powder, we have for the first time demonstrated its potential in the manufacturing of metal parts.
“This is potentially a significant breakthrough for the many sectors which can benefit from its low-cost production.”
Master Cutler Tony Pedder is chairman of Metalysis.