Analysts Are Bullish on These Materials Stocks: MP Materials (MP), Iperionx Ltd. ADR (IPX)We recently hosted a number of IperionX meetings, coming away more confident in initiatives including the 2030 titanium goal of 10,000+ tpa. We also continue to believe the company could announce additional offtake agreements in the coming quarters. IperionX has the potential to replace much of the roughly 44,000 tons of titanium sponge currently being imported in the U.S. along with producing significant amounts of high performance titanium components. We continue to estimate material equity upside with an equally weighted fair value of about $55 per share. Expansion on schedule. IperionX continues to use the $47.1 million Department of Defense (DoD) Sustainment (IBAS) award to scale its Virginia titanium facility to 1,400 tpa by mid-2027.