Thursday, August 1, 2013

News: New CEO at Metalysis

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Metalysis, the Rotherham-based technology innovator for the speciality metals industry, has appointed Dr Dion Vaughan as chief executive as it looks for new partners.

Metalysis holds the worldwide exploitation rights to the FCC Cambridge process which sees specialist powder metals created in a simple, cost effective process with significant environmental benefits.

The Manvers company is in the process of commercialising the technology to produce titanium, tantalum, and related high value alloys. These are used increasingly by major worldwide industries such as aerospace, marine, medical, chemical, automotive and electronics.

Dr Vaughan, a trained metallurgist who has worked across the metals, mining and investment sectors including Hatch Corporate Finance, Sheffield Forgemasters and JP Morgan, succeeds Guppy Dhariwal who is retiring, having joined the firm in 2010.

Metalysis, an investor and grant backed Cambridge University spin out, has developed the electrochemical reduction process to transform metal oxides, such as ores, directly into metal powders in a single step. Currently focusing on titanium and tantalum, the process uses less energy than traditional processes as it does not require the melting of metals, and the salt used in producing the metals can be recycled.

The process also means that innovative alloys can be tailored to have the desired properties for specific applications and the creation of cheaper metal powders is also expected to drive forward the adoption of 3D printing in specialist metal products.

Tony Pedder, chairman of Metalysis, said: "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."

Metalysis website

Images: Metalysis

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