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6K Additive (6KA.AX) jumps to a two-week high after $8.1m-$10.8m US supply deal

Shares in Australia’s 6K Additive rose as much as 17.3% to A$0.75, their highest since September 17, after signing a 30-month supply deal with US-based ADDMAN Engineering to supply Nickel 718 alloy powder worth between $8.1 million and $10.8 million for aerospace, defence and energy applications.

6KA.AX

75, its highest since September 17. The stock was set for its strongest session since December 9 if the move held. The metal powder maker said it signed a 30-month supply agreement with US-based manufacturer ADDMAN Engineering. 8 million and covers supply of Nickel 718 alloy powder for aerospace, defence and energy uses.

8% year to date.