Wire atomization processes used to make refractory and high temperature alloy powders are relatively expensive due to the cost of feedstock, energy, and gas. A new process based on Transferred Arc Wire Atomization technology, however, has the potential to overcome these problems. This paper introduces the innovative process which, in combination with hydrogen generation, presents new opportunities for several alloys that can be more easily processed by plasma wire atomization. The new approach shows promise to reduce both fixed and variable costs for certain refractory and high temperature materials.