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IperionX secures $99 million contract with the U.S. Army for low-cost domestic titanium production.

Aug 31, 2026•7 days ago

Contract Type

contract

CharlotteManufacturingMiningPrecious Metals

Description

IperionX has been awarded a Small Business Innovation Research (SBIR) contract by the U.S. Army to produce low-cost domestic titanium for defense applications, with an aggregate stated value of approximately $19.8 million. The funding will enhance IperionX’s manufacturing capacity and capabilities for titanium components.

Company Information

Company

IperionX

Location

Charlotte, North Carolina, United States

About

IperionX aims to become a leading American titanium metal and critical materials company – using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy, cost and carbon emissions. Our Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth and zircon minerals sands in the United States. IperionX’s titanium metal and critical minerals are essential for advanced industries including space, aerospace, defense, consumer electronics, hydrogen, electric vehicles and additive manufacturing.

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