IperionX initiated with a Buy at B. Riley

B. Riley initiated coverage of IperionX with a Buy rating and $30 price target The company aims to be a pioneer in the development of low-cost and low-carbon titanium, catering to cutting-edge industries such as space and aerospace engineering, electric vehicles, and 3D printing, the analyst tells investors in a research note. The firm views IperionX as an attractive growth company “that is capturing an important market for titanium production and recycling in the U.S.”