5N Plus began its engineered powder activities in 2014 and has continued to invest in process technologies. As a new entrant to the market, 5N Plus elected to initially focus on the technologically challenging and smaller markets within micro-electronics and semiconductor applications. This allowed the Company to acquire the necessary experience and the invaluable learning required, before further expanding. Over the past three years, the Company has invested on enlarging its product portfolio of high-performance spherical powders with low oxygen content and uniform size distributions and have recently secured a number of programs within hand-held electronic device platforms with marquee customers. The core competencies developed over these years are now being deployed to substantially enlarge 5N Plus' addressable market and expand into the rapidly growing Additive Manufacturing market. The Company's aim is to be a leading engineered powder supplier to the AM Industry. 5N Plus intends to realize this goal through both organic and external actions.
5N Plus recently launched a new portfolio of engineered powders utilizing proprietary process technologies based on copper and copper-based alloys targeting Additive Manufacturing applications. These engineered materials leverage optimized morphology, controlled oxygen content, ultra-high purity, surface oxide thickness uniformity and controlled particle size distribution to deliver optimal performance, as demonstrated in customer applications. 5N Plus is also utilizing external means to gain access to additional high-performance engineered powders, specifically in areas not covered by its organic product portfolio. Between the Company's internal developments and products currently under acquisition, 5N Plus' portfolio of engineered powders is expected to span across two dozen different metal alloy compositions, with melting points ranging from 60°C to well over 2600°C. Such broad portfolio is unmatched in the industry.
Developing Partnerships to Utilize Copper-Based Coatings in Antiviral Applications & Nuclear Waste Isolation Programs
Cold Spray ("CS") is an Additive Manufacturing technology that offers unique advantages in the cost-effective manufacturing of large components, rectification of existing parts and restoration of structural reinforcements. In recent years,
About 5N Plus Inc.
5N Plus is a leading global producer of engineered materials and specialty chemicals with integrated recycling and refining assets to manage the sustainability of its business model. The Company is headquartered in
Forward-Looking Statements and Disclaimer
Certain statements in this press release may be forward-looking within the meaning of applicable securities laws. Forward-looking information and statements are based on the best estimates available to the Company at the time and involve known and unknown risks, uncertainties or other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. A description of the risks affecting the Company's business and activities appears under the heading "Risk and Uncertainties" of the 5N Plus' 2019 MD&A dated
The Company is not aware of any significant changes to its risk factors previously disclosed, however since
Forward-looking statements can generally be identified by the use of terms such as "may", "should", "would", "believe", "expect", the negative of these terms, variations of them or any similar terms. No assurance can be given that any events anticipated by the forward-looking information in this press release will transpire or occur, or if any of them do so, what benefits that 5N Plus will derive therefrom. In particular, no assurance can be given as to the future financial performance of 5N Plus. The forward-looking information contained in this press release is made as of the date hereof and the Company has no obligation to publicly update such forward-looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws. The reader is warned against placing undue reliance on these forward-looking statements.
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