6K Additive Secures Approval for $27.4 Million EXIM Loan to Assist with Critical Minerals Expansion in Pennsylvania with the Department of War

The funding, part of EXIM’s Make More in America initiative, will support the expansion of 6K Additive’s state-of-the-art powder manufacturing and alloy additions facilities

Date:

Burgettstown, PA. Accelerating its global leadership in the production of metal powder and alloy additions, 6K Additive November 25 announced the Export-Import Bank of the United States (EXIM) has approved a USD27.4 million financing package for 6K Additive.

This strategic funding bolsters domestic production of metal powder for additive manufacturing and traditional powder metallurgical processes used in component production for defence, hypersonic, nuclear and other critical applications used by the Department of War (DoW) and its supply chain partners, along with commercial organisations.  It is intended that the planned expansion will scale 6K Additive’s powder capacity in Burgettstown, PA, from 200 metric tons to over 1,000 metric tons per year. The EXIM loan complements 6K Additive’s USD$23.4 million Defense Production Act grant award in supporting the Pennsylvania plant expansion.

ads

“We are experiencing growth in demand for our refractory, titanium and nickel powders for additive manufacturing, and the EXIM financing supports scaling to meet this growth by expanding our state-of-the-art powder and alloy footprints. We also intend to expand our product offerings with ingot production for forging and castings,” said 6K Additive CEO Frank Roberts. “Key to our success is our talented employee team. The EXIM loan supports hiring the very best engineers, operators and support staff to significantly grow the organisation to meet anticipated market demand over the next 3-5 years.”

“This expansion is proof that American manufacturing is innovating and growing,” said EXIM Chairman John Jovanovic. “My first Board action is about rebuilding America’s industrial base, securing critical supply chains, and making sure America leads in the industries of the future. Partnering with the Department of War on this effort underscores EXIM’s role as an economic tool to effectuate President Trump’s agenda for revitalising our domestic manufacturing and bringing supply chain security to America.”

“This US Export-Import Bank loan will scale domestic production capacity for advanced metals needed for defence applications and strategic economic sectors,” said Michael Cadenazzi, the Assistant Secretary of War for Industrial Base Policy. “This loan also builds upon the Department of War’s 2023 Defence Production Act Title III investment in 6K Additive and exemplifies the whole-of-government approach to building and scaling critical mineral capabilities.”

The Make More in America Initiative (MMIA) is a comprehensive federal programme launched by the Export-Import Bank of the United States in April 2021 with an initial $3 billion allocation. Designed as a cornerstone of America’s industrial strategy, the MMIA works to strengthen domestic manufacturing capacity, secure critical supply chains, and enhance US competitiveness in strategic sectors. EXIM evaluates MMIA applications based on their potential to strengthen supply chain resilience, create sustainable jobs, and align with broader national security priorities.

big bang

Like all EXIM loans once approved, 6K Additive’s loan is subject to mutually agreed upon and fully executed loan documentation and satisfaction of condition precedent which is expected to be finalised in the next 90 days. In line with the MMIA initiative, the expansion is expected to generate 50 new skilled positions in engineering, technical operations, and administrative roles. These jobs will provide opportunities for residents while attracting specialised talent to the region.

6K Additive offers a full suite of premium metal and alloy powders including nickel, titanium, and refractory metals such as tungsten, niobium, and rhenium that are all sought after materials for the US DoW’s defence and hypersonic missile production. 6K Additive utilises the award-winning UniMelt® production-scale microwave plasma process which precisely spheroidizes metal powders while controlling the chemistry and porosity of the final product with zero contamination and high-throughput.

huges

More like this

UVision Acquires SpearUAV

Tel Aviv: Israeli company UVision has announced the complete...

Safran Committed to Full Engine Tech Transfer for India’s Fifth-Gen Fighter Jets: CEO Olivier Andries

Hyderabad: Global defence and aviation player Safran is committed...

Indian Shipyards are Vital Pillars of Our Emerging Blue Economy: Defence Minister

New Delhi: Defence Minister Rajnath Singh has urged international...

Reform-Oriented India Has Become Trusted Partner for Investors: Prime Minister

Hyderabad: The country is now a reform-oriented one that...

Fortifying Borders, Saving Lives: Indrajaal Unveils India’s First Anti-Drone Patrol Vehicle

Hyderabad: Indrajaal Drone Defence November 26 announced the launch...

Dassault Aviation and cortAIx Sign Strategic Partnership for Sovereign AI Serving the Air Combat of the Future

Paris: Dassault Aviation and Thales, through cortAIx, its artificial...

AutoFlight Unveils Water-based Green Vertiport, Debuts World’s First Integrated Sea-Air Mobility Solution

New Delhi: On November 22, 2025, AutoFlight Aviation Technology,...
Indian Navy Special EditionLatest Issue