Laserbond Limited (ASX:LBL)
LaserBond Limited (ASX:LBL) is a specialist surface engineering company that focuses on the development and application of materials, technologies and methodologies to increase operating performance and wear life of capital-intensive machinery components.
Within these industries, the wear of components can have a profound effect on the productivity and total cost of ownership. As almost all components fail at the surface, due to material removal through abrasion, erosion, corrosion, cavitation, heat and impact, and any combinations of these wear mechanisms, tailored surface metallurgy will extend its life and enhance performance.
LaserBond's technology has applications across many industries as more sectors accept that surface engineering technologies can deliver significant cost-effective improvements in productivity and/or lower total costs of ownership, mostly in resources and energy, agriculture, advanced manufacturing, defence and infrastructure construction.
The Company's growth has been built on the pursuit of innovation and technology leadership in three surface engineering foundations:
- Tribology of wear and performance in heavy industrial components
- Metallurgy and science of high-performance materials
- Optimisation of a wide range of materials and application methodologies