Tag: IperionX

IperionX has outlined its ongoing manufacturing operations and development plans across multiple US sites, highlighting its focus on titanium production.

IperionX said it has received a USD 0.3 million prototype purchase order from American Rheinmetall to support the manufacturing of lightweight titanium components for US Army heavy ground combat systems.

IperionX has received the final USD 4.6 million tranche of US government funding to support the scale-up of titanium manufacturing at its Virginia facility, alongside a transfer of titanium scrap intended to strengthen domestic manufacturing capacity for the defence industrial base.

IperionX Limited has announced a partnership with US-based Carver Pump Company aimed at accelerating the manufacturing of critical titanium components for naval shipbuilding.

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.

IperionX Limited has secured an additional USD 25 million from the US Department of War through its Industrial Base Analysis and Sustainment (IBAS) program to support the expansion of titanium production in Virginia. 

IperionX Limited has received USD 12.5 million in new funding from the US Department of Defence (DoD) to accelerate the scale-up of titanium manufacturing capacity in the United States, as part of its previously announced USD 47.1 million award to strengthen the Defence Industrial Base.

IperionX Limited has secured A$70 million (approximately USD46 million) in new funding through a placement of 14 million new fully paid ordinary shares at A$5.00 per share, aimed at accelerating the company’s US titanium production expansion.

IperionX Limited has secured a major contract from the US Department of Defence (DoD), with the award of a Small Business Innovation Research (SBIR) Phase III agreement that could reach a total value of up to USD 99 million.

IperionX Limited has released its quarterly report for the period ending 31 March 2025, highlighting steady progress in the commissioning of its Titanium Manufacturing Campus in Virginia and increased engagement with US government and commercial partners.