IperionX Limited has reported progress in advancing its titanium manufacturing operations in Virginia, highlighting increased production capacity, lower unit costs, and expanded US government funding in its September 2025 quarterly report.
According to IperionX, all major manufacturing equipment at its Titanium Manufacturing Campus is now operational, supporting both titanium powder production and component manufacturing.
The company said process improvements have increased titanium powder production capacity by 60 per cent without additional capital expenditure, with further gains expected in 2026.
The company noted it has begun processing consumer-electronics scrap provided by an original equipment manufacturer and is producing components in line with customer specifications.
IperionX has also started production of titanium fasteners, with initial purchase orders for applications in US military and commercial markets.
Supported by a USD 47.1 million award from the US Department of War’s Industrial Base Analysis and Sustainment program, IperionX said it is scaling production capacity to 1,400 tonnes per annum. Commissioning of the expanded facilities is planned for mid-2027.
The ASX-listed company said the expansion will help strengthen a more resilient domestic titanium supply chain, reducing reliance on imports while supporting aerospace, defense, and electric vehicle industries.
IperionX reported a strong financial position, closing the quarter with USD79.2 million in cash and raising a further AUD 70 million (USD46 million) through a private placement.
The funds will support the next phase of capacity scale-up and further development of its patented HAMR and HSPT technologies, designed to enhance manufacturing yields and reduce production costs.
The company said it is also establishing a new facility in Halifax County, Virginia, to develop the next generation of its titanium processing technologies.
The content of this article is based on information supplied by IperionX Limited. For more information, please refer to the official company announcement and communications from IperionX. Please consult a licensed and/or registered professional in this area before making any decisions based on the content of this article.
