IperionX Receives a Further $25M in U.S. Government Funding to Accelerate Titanium Production Scale-Up

U.S. Department of War, through its Industrial Base Analysis and Sustainment program, has obligated an additional US $25 million under IperionX’s previously announced US$ 47.1 million awardIBAS funding supports the build-out of a resilient, fully integrated, and low-cost titanium supply chain - from minerals to metal - strengthening the U.S. defense industrial baseFunds will be applied to the scale-up of production to 1,400 tpa at IperionX’s Titanium Manufacturing Campus in VirginiaThe $25.0 million obligatio ...