Iperionx Limited ( (AU:IPX) ) has provided an update.
IperionX Limited has received approval from the Export-Import Bank of the United States for an $11 million loan to enhance its titanium manufacturing capabilities. The loan will finance the acquisition of advanced manufacturing equipment, supporting the company’s mission to establish a fully integrated, end-to-end titanium supply chain within the U.S. This initiative aligns with national objectives to strengthen domestic manufacturing and reduce reliance on foreign titanium sources, addressing economic and national security vulnerabilities. The expansion is expected to create skilled manufacturing jobs in Virginia and bolster IperionX’s position in the titanium industry.
More about Iperionx Limited
IperionX is a leading American titanium metal and critical materials company that utilizes patented metal technologies to produce high-performance titanium alloys from titanium minerals or scrap titanium. The company focuses on reducing energy, cost, and carbon emissions in its production processes. Its Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth, and zircon mineral sands in the United States. IperionX’s products are essential for advanced U.S. industries, including space, aerospace, defense, consumer electronics, hydrogen, automotive, and additive manufacturing.
YTD Price Performance: -45.09%
Average Trading Volume: 1,627,678
Technical Sentiment Signal: Hold
Current Market Cap: A$963.9M
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