Porous metal membranes have recently received increasing attention, and significant progress has been made in their preparation and characterisation. This progress has stimulated research in their applications in a number of key industries including wastewater treatment, dairy processing, wineries, and biofuel purification. This review examines recent significant progress in porous metal membranes including novel fabrication concepts and applications that have been reported in open literature or obtained in our laboratories. The advantages and disadvantages of the different membrane fabrication methods were presented in light of improving the properties of current membrane materials for targeted applications. Sintering of particles is one of the main approaches that has been used for the fabrication of commercial porous metal membranes, and it has great advantages for the fabrication of hollow fibre metal membranes. However, sintering processes usually result in large pores (e.g., >1 µm). So far, porous metal membranes have been mainly used for the filtration of liquids to remove the solid particles. For porous metal membranes to be more widely used across a number of separation applications, particularly for water applications, further work needs to focus on the development of smaller pore (e.g., sub-micron) metal membranes and the significant reduction of capital and maintenance costs.