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IperionX Receives a Further $25M in U.S. Government Funding to Accelerate Titanium Production Scale-Up
Globenewswire· 2025-09-26 12:30
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 ...