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

“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,” Dr Vaughan said. “Metalysis is already making good progress in exploring such partnering arrangements.”

Metalysis’ process produces high value metal powders that can reduce the cost and environmental impact of metal production when compared with existing processes. The technology is able to transform metal oxides, such as ores, directly into metal powders in a single step. Metalysis is currently focusing on titanium and tantalum.

The powders produced by the process could drive forward the adoption of 3D printing in specialist metal products, according to Metalysis. 

“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,” Tony Pedder, chairman of Metalysis explained. “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”.