Iperionx Limited ( (AU:IPX) ) has issued an announcement.
IperionX Limited has made significant strides in its titanium manufacturing operations, with the commissioning of its Titanium Manufacturing Campus in Virginia progressing rapidly. The company is on track to achieve full operational capacity by mid-2025, supported by advancements in its proprietary HAMR and HSPT technologies. IperionX has secured substantial funding from the U.S. Department of Defense and the U.S. Export-Import Bank, which will facilitate the expansion of its titanium production capacity. Additionally, the company is actively engaging with strategic partners across various industries, including defense and aerospace, to accelerate the market introduction of its high-performance titanium components.
More about Iperionx Limited
IperionX Limited operates in the titanium manufacturing industry, focusing on producing high-quality titanium products using innovative technologies. The company is engaged in developing a secure, low-cost titanium supply chain, with a market focus on sectors such as defense, automotive, and consumer electronics.
YTD Price Performance: -58.00%
Average Trading Volume: 1,901,874
Technical Sentiment Signal: Buy
Current Market Cap: A$737.3M
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