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IperionX secures $99 million contract with US DoD for low-cost titanium components.
Jun 05, 2025•about 1 year ago
Contract Type
contract
CharlotteManufacturingMiningPrecious Metals
Description
IperionX has been awarded a five-year contract by the US Department of Defense, valued at up to $99 million, to supply titanium components. This contract marks a significant milestone in the transition of their technologies from R&D to production for government use.
Company Information
Company
IperionX Ltd
Location
129 W Trade Street, Suite 1405
Charlotte, North Carolina, United States
About
IperionX Ltd is a company focused on developing sustainable supply chains for critical minerals. The firm aims to be a leader in the production of titanium and rare earth elements. With a strategic emphasis on U.S. domestic resources, IperionX seeks to enhance its operational footprint in the mineral sector.
CharlotteManufacturingMiningPrecious Metals