Material producer IperionX will accelerate the development of a fully integrated U.S. mineral-to-metal titanium supply chain with $47.1 million in funding received from the U.S. Department of Defense.
This partnership represents a combined investment of US$70.7 million between IperionX and the DoD to fund a two-phase development program over a two-year period. The agreement aims to strengthen U.S. titanium production capabilities, supporting national security and economic resilience.
As a reminder, titanium is a critical material for the aerospace, defense, automotive, space, and consumer industries, but its high cost and reliance on foreign supply chains have limited its broader adoption.
IperionX’s business model helps to address this challenge. The company’s solutions (Hydrogen-Assisted Metallothermic Reduction (HAMR™) and Hydrogen Sintering and Phase Transformation (HSPT™)) provide a pathway to produce low-cost, high-performance titanium.
This funding also reflects the Trump Administration’s priority to secure domestic critical minerals and metals supply chains and to ensure resilient U.S. manufacturing capabilities.
“This award is a pivotal moment in IperionX’s mission to re-shore the U.S. titanium industry. For too long, American industry has been reliant on foreign-controlled supply chains for this critical high-strength metal. IperionX’s proprietary technologies, combined with the Titan project, offer a pathway for a resilient end-to-end U.S. titanium supply chain. We are proud to be selected by the DoD as a key partner in strengthening U.S. industrial and defense capabilities,” Taso Arima, CEO and founder states.
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