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IperionX Awarded $47.1M U.S. DoD Contract to Secure U.S. Titanium Supply Chains

Feb 18, 2025•over 1 year ago

Contract Type

contract

CharlotteManufacturingMiningPrecious Metals

Description

IperionX Limited has been awarded a contract for up to US$47.1 million in funding by the U.S. Department of Defense (DoD) to strengthen the U.S. Defense Industrial Base by accelerating development of a resilient, low-cost, and fully-integrated U.S. mineral-to-metal titanium supply chain

Company Information

Company

IperionX

Location

129 W Trade Street, Suite 1405

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 one of the largest mineral resources of titanium, rare earth and zircon minerals sands in the United States. IperionX’s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, electric vehicles and additive manufacturing.

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