Tag: titanium manufacturing
IperionX secures $12.5M US defence funding to boost titanium manufacturing
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 raises $70M to scale domestic titanium manufacturing
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 secures $11M EXIM bank loan to boost US titanium manufacturing
IperionX Limited has secured approval from the Board of Directors of the Export-Import Bank of the United States (EXIM Bank) for an equipment finance loan of $11 million.
IperionX to accelerate US titanium manufacturing with in DoD backing
IperionX Limited has secured a contract worth up to USD 47.1 million (AUD 74 million) from the US Department of Defence (DoD) to enhance the domestic titanium supply chain.
US defence dept awards IperionX $12.7M grant to advance domestic titanium manufacturing
ASX-listed IperionX has been awarded a $12.7 million grant by the US Department of Defence to help address critical vulnerabilities within the US titanium supply chain, which is of utmost importance for national security.