IperionX provides an end-to-end vertically integrated solution, for the efficient production of high quality finished and near-net-shape titanium components.
Low-cost, high quality titanium
ABOUT IPERIONX
IperionX uses patented metal technologies to produce high performance titanium products using lower energy, at lower cost and with fewer carbon emissions than today’s industry.
Our integrated Atlas-Titan critical minerals platform in Tennessee is the largest JORC-compliant mineral resource of titanium, rare earth and zircon mineral sands in the U.S.
OVERVIEW
Lower Cost + More Efficient
Our complimentary titanium technologies, HAMR™ & HSPT™, provide a significant value uplift through the deoxygenation of raw titanium minerals or 100% scrap titanium through to the efficient production of low-cost titanium components.
Secure
The current titanium supply chain is complex, costly, and unsustainable – relying on raw material imports at multiple points along the way to produce final product. To solve this, IperionX has re-shored a low-cost, sustainable domestic titanium supply chain, providing all-American titanium metal for U.S. customers.
Sustainable
IperionX’s technologies bypass the high-cost, inefficient Kroll Process and the energy intensive and wasteful titanium melting, forging and machining processes. In contrast, IperionX leverages its breakthrough titanium technologies to provide a sustainable and circular titanium metal supply chain.
The IperionX Journey
2020-21
Company formation and vision
IperionX was founded with a vision to re-shore an end-to-end titanium supply chain to the U.S. with a focus on leading with innovative and sustainable technologies.
Acquisition of the Titan Critical Minerals Project
IperionX acquired key landholdings covering the Titan Critical Minerals Project.
ASX listing
In December 2020, IperionX listed on the Australian Stock Exchange.
Initial rights to the titanium technologies
Secured key patents related to titanium production, laying the foundation for a robust intellectual property portfolio.
2021-22
Technical validation of the titanium technologies
Focused on refining the HAMR and HSPT technologies, setting the groundwork for future breakthroughs.
Pilot facility operations, Utah
Established serial production at the pilot production facility to produce titanium powders from scrap titanium, marking the first operational step towards commercialization.
Commencement of customer engagement
Initiated engagement with potential customers in the aerospace, defense, and luxury goods sectors, showcasing the benefits of low-carbon titanium.
Nasdaq listing
In June 2022, IperionX listed securities on the Nasdaq Capital Market.
2022-23
Continued pilot facility operations and first commercial contracts
Signed a landmark contract with Panerai, a luxury watchmaker, validating the commercial viability of IperionX’s titanium products.
Virginia site selected for commercial scale up
Announced the selection of South Boston, Virginia, as the site for the Titanium Demonstration Facility, signaling a major step towards large-scale production.
First UL validated 100% recycled titanium
Achieved the first UL validation for its 100% recycled, low-carbon titanium metal powder.
Titan Project Scoping Study
Released a Scoping Study for the Titan Project in Tennessee, highlighting the potential for it to become a major source of titanium and critical minerals in the U.S.
2023-24
R&D 100 award
IperionX and Dr. Zak Fang win the prestigious R&D 100 award for the invention of the innovative HAMR process.
Expansion of customer base
Engaged over 40 potential customers across various industries, progressing from initial technical evaluations to product prototyping and qualification.
Development and commissioning of commercial operations
Began the commissioning of the Titanium Manufacturing Campus in Halifax County, Virginia.
First $12.7 million U.S. Department of Defense award
Secured $12.7 million in funding under the Defense Production Act (DPA) Title III authorities to accelerate the development of the Titanium Manufacturing Campus.
2024-25
Ramp up of commercial operations in Virgina
Full system operations at the Titanium Manufacturing Campus, with a focus on scaling production capacity towards 10,000 tons per annum by 2030.
Complete acquisition of breakthrough titanium technologies
Full acquisition of the intellectual property portfolio to secure the exclusive commercial rights to breakthrough titanium technologies.
U.S. Government funding to secure titanium supply chain
Secured $47.1 million in funding under the Department of Defense’s Industrial Base Analysis and Sustainment (IBAS) program to expedite the Titan Critical Minerals Project and facilitate vertical integration at the Titanium Manufacturing Campus.
Receipt of $99 million Small Business Innovation Research (SBIR) Phase III Indefinite Delivery, Indefinite Quantity Contract
SBIR Phase III contract enables IperionX to receive task order funding from U.S. Government, with task orders to focus on manufacturing high‑performance titanium fasteners for U.S. DoD agencies.
2025-26
Achieves ISO 9001 Certification at Virginia titanium operations
Titanium production and manufacturing operations at the titanium manufacturing campus in Virginia have achieved ISO 9001 certification, validating the integrity of IperionX’s quality management systems.
Virginia commercial operations transitioned to a 24/7 production schedule
Virginia operations transitioned to a 24/7 production schedule, with HAMR™ systems in ramp-up and supporting a scale-up of powder production capacity of approximately 1,400 tpa.
Ti-6Al-4V fasteners exceeded SAE Grade 8 steel torque-to-yield performance
Independent testing by U.S. Army DEVCOM GVSC and Westmoreland Mechanical Testing & Research showed IperionX Ti-6Al-4V fasteners exceeded SAE Grade 8 steel torque-to-yield performance and achieved tensile properties above standard aerospace grade titanium fastener benchmarks.
Completed the Titan Definitive Feasibility Study
The U.S. Government-supported Titan Definitive Feasibility Study was completed, delivering an after-tax NPV8 of US$813 million over an initial 14-year mine plan.
2026-27
Atlas acquisition completed
IperionX acquired the strategic Atlas critical mineral property and infrastructure assets, adding approximately 70 acres of at-surface critical-mineral stockpiles, approximately 180 acres of pre-stripped Lower McNairy mineralization and established power, water, natural gas and heavy-haul rail infrastructure.
Validation of GenX™ continuous titanium production
GenX™ has validated continuous HAMR™ processing, designed to deliver a step change in capital efficiency, operating cost and throughput relative to the batch model used in conventional Kroll titanium production.
Key Benefits of Titanium
Light weight
Strong
Corrosion resistant
Biocompatible