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Stock impact report

IperionX Drives Towards Commercial Scale Titanium Metal Production

IperionX Limited (IPX) 
Company Research Source: Business Wire
IperionX’s HAMR titanium furnace, the foundation asset to produce low-cost titanium, has completed final mechanical assembly and successfully passed factory acceptance tests with the IPX technical teamThis advanced HAMR titanium industrial furnace is now being transported to the U.S. with anticipated delivery to the Titanium Manufacturing Campus during the first quarter of 2024Installation and commissioning of the HAMR titanium furnace is expected during the second quarter, before producing first titanium metal in mid-year 2024Construction and internal fit-out of the Titanium Manufacturing Campus is advancing to scheduleIperionX has received the first US$2.4 million payment from the US$12.7 million Department of Defense DPA Title III grant to fund Phase I ramp-up of the Virginia Titanium Production Facility CHARLOTTE, N.C.--(BUSINESS WIRE)--IperionX Limited (NASDAQ: IPX, ASX: IPX) is pleased to announce significant progress in advancing its commercial-scale titanium metal manufactu Show less Read more
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