It is located on the Materials Processing Institute campus, a location that gives Liberty Powder Metals easy access to both state-of-the-art research facilities and the expertise based there.

An initial £10m is being invested to set up the Liberty Powder Metals business including a state-of-the-art vacuum induction inert gas atomiser at its core. It is backed by £4.6m of state funds.

The facility is designed to achieve the highest quality stainless steel and superalloy powders, helping Liberty to enhance its status in a global market estimated to be worth £8bn a year.

Alongside the atomiser, there are plans to install a range of sieving, blending, packaging and analytical equipment.

The atomiser will allow Liberty to develop a new generation of powdered steels that, it says, can overcome the traditional barriers to 3D printing.