Metalysis, the UK based specialist metals producer, has announced the appointment of Dr Dion Vaughan as Chief Executive. He succeeds Guppy Dhariwal who is retiring, having joined the firm in 2010. Dion is a trained metallurgist and has worked across the metals, mining and investment sectors including Hatch Corporate Finance, Sheffield Forge Masters and JP Morgan.
Metalysis has developed an entirely new way of producing high value metal powders that reduces the cost and environmental impact of metal production as compared with existing processes. The Metalysis technology is able to transform metal oxides, such as ores directly into metal powders in a single step. It is currently focusing on the high value specialist metals titanium and tantalum.
As a result Metalysis believes that it can play a critical role in two manufacturing revolutions over the coming years. The powders produced by the Metalysis process, states the company, will dramatically change the production of high value titanium components both utilising existing manufacturing techniques and driving forward the adoption of 3D print in specialist metal products.
In addition, this new technology has the potential to significantly reduce the cost of specialty metal powder production. This means previously expensive metals such as titanium can be used in a variety of new applications to satisfy the latent demand for a low cost, light weight, high strength and corrosion resistant metal.
The nature of the Metalysis process means that it can produce alloys that would not be cost effective by traditional processes. It is entirely solid-state; therefore metals with significantly different densities or melting points can be alloyed. These innovative alloys can be tailored to have the desired properties for applications within a variety of industries including automotive, marine, electronics, clean energy and aerospace.
Tony Pedder, Chairman of Metalysis commented, “The company has performed well on its science and technology goals, which has enabled the Board and shareholders to develop a new scale-up plan for the business. This plan, based on simpler and cheaper production cells, is a longer term plan and so it is a natural time for Guppy, who has done a very good job in re-organising the company, to hand over to Dion Vaughan to deliver an exciting future for Metalysis.”
Dion Vaughan, Chief Executive of Metalysis added, “Our future emphasis will be on further developing our strength in science and technology, where the company has historically performed, and on partnering with leading metals companies who can help with engineering scale-up and market adoption. The company is already making good progress in exploring such partnering arrangements”.