Iperionx Ltd. ADR (IPX) has released an update.
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IperionX Ltd. ADR is on track to commence titanium production at its Virginia Titanium Manufacturing Campus, anticipating the commissioning of its HAMR titanium furnace in Q2 2024 with a phased scale-up to 2,000 metric tons per annum (tpa) aimed at reducing production costs. The company has also formed a strategic partnership with United Stars to supply high-performance, sustainable titanium products for the defense and advanced technology sectors. Additionally, IperionX’s inclusion in the S&P DJI All Ordinaries index and presentations at prominent U.S. investment bank conferences underscore its growing presence in the industry.
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