Iperionx Ltd. ADR (IPX) has released an update.
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.
For further insights into IPX stock, check out TipRanks’ Stock Analysis page.
