CHARLOTTE, N.C., July 23, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to present its quarterly report for the period ending June 30, 2025. Key highlights during and subsequent to the end of the quarter include: Commercial operations: production online and commissioning of all major equipment complete Successful commissioning of the Titanium Manufacturing Campus in Virginia, with all major scrap-to-forged titanium manufacturing equipment now online and proven to me ...

Group 1 - IperionX Limited has received its first task order valued at US$1.3 million from the U.S. Army under a SBIR Phase III IDIQ contract with the Department of Defense [1][4] - The task order involves the production and delivery of titanium parts for U.S. Army ground vehicle programs, adhering to U.S. Controlled Unclassified Information Program standards [2][3] - The manufacturing will take place at IperionX's Titanium Manufacturing Campus in Virginia, utilizing proprietary production and forging processes, which enhances supply-chain resilience and creates high-value jobs in the U.S. [3][5] Group 2 - This task order is the first of several expected under a US$99 million SBIR Phase III contract, allowing various DoD and U.S. Government agencies to procure titanium parts directly from IperionX [4] - The CEO of IperionX emphasized that this order is a significant step towards reshoring the titanium supply chain in the U.S. and aims to establish a long-term partnership with the Department of Defense [5] - IperionX is recognized as a leading American titanium metal and critical materials company, focusing on producing high-performance titanium alloys with lower energy, cost, and carbon emissions [5][6]

CHARLOTTE, N.C., June 05, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce that is has been awarded a Small Business Innovation Research (SBIR) Phase III contract by the U.S. Department of Defense. Structured as an Indefinite Delivery, Indefinite Quantity contract in support of achieving "Low-Cost Domestic Titanium for Defense Applications" in the U.S., the contract establishes a funding mechanism through which qualifying U.S. Government agencies can place ...

Company Overview - IPX1031 provides nationwide Qualified Intermediary services for all types of 1031 Exchanges, including delayed, simultaneous, reverse, and improvement transactions, managing exchanges from small rental properties to complex billion-dollar commercial properties [1] - IPX1031 is the largest and one of the oldest Qualified Intermediaries in the United States, and is a wholly owned subsidiary of Fidelity National Financial, a Fortune 500 company [4] Recognition and Achievements - IPX1031 has been consistently recognized as the Best 1031 Exchange Company by several rating agencies, including Investopedia, The Balance, Awning, ROI Advisors, and Inside 1031 [2] - The recognition highlights the company's commitment to delivering exceptional service and an unmatched customer experience [2][3] - The ongoing recognition reaffirms IPX1031's status as a trusted leader in the industry and the preferred Qualified Intermediary for clients and advisors navigating the complexities of 1031 Exchanges [3] Team and Expertise - The dedicated team at IPX1031 includes seasoned attorneys, accountants, Certified Exchange Specialists (CES), and industry experts, providing guidance to clients and their legal and tax advisors [1][4] - The achievements of IPX1031 are attributed to the hard work and dedication of its employees, reflecting the company's strong internal culture [3]

Core Insights - Investment Property Exchange Services, Inc. (IPX1031) has appointed Ryan Vassar as Vice President of New Business Development for New York, aiming to enhance its operations in a competitive market [1][2] - Ryan Vassar brings a strong legal and business background, which is expected to drive growth and innovation within IPX1031's New York initiatives [2][4] - The appointment reflects IPX1031's commitment to improving its 1031 Exchange services and expanding its market presence in New York [4] Company Overview - IPX1031 is the largest and one of the oldest Qualified Intermediaries in the United States, providing security for exchange funds and expertise in facilitating 1031 Exchanges [6] - As a subsidiary of Fidelity National Financial, a Fortune 500 company, IPX1031 has a nationwide team of industry experts, attorneys, and accountants to support clients [6]

Core Insights - Investment Property Exchange Services, Inc. (IPX1031) has appointed Adrienne Salyer as Vice President, National Accounts, to enhance its presence in the Southwest and nationwide [1][4] - Adrienne Salyer brings over 30 years of experience in the 1031, real estate, and financial sectors, with a strong track record in guiding clients through complex 1031 Exchange transactions [2][3] - The addition of Salyer is expected to strengthen IPX1031's ability to meet the growing demand for 1031 Exchange services, aligning with the company's mission to deliver top-tier service and expertise [3][4] Company Overview - IPX1031 is the largest and one of the oldest Qualified Intermediaries in the United States, operating as a wholly owned subsidiary of Fidelity National Financial [5] - The company provides industry-leading security for exchange funds and has a nationwide staff that includes industry experts, veteran attorneys, and accountants [5]

Company Overview - IperionX Limited (NASDAQ: IPX) is a small-cap stock with a market capitalization of $900 million, aiming to disrupt the stainless steel and aluminum markets as well as the geopolitics of titanium [1] Industry Insights - Titanium is identified as a critical metal with significant military applications, such as in jets, highlighting its importance in both defense and commercial sectors [1]

Production Goals and Technology - IperionX aims to produce approximately 10,000 metric tons of titanium per annum by 2030, focusing on re-shoring a fully integrated titanium supply chain to the U.S.[13] - IperionX holds an exclusive license for patented technology that enables low-cost production of high-strength forged titanium alloy products[9] - IperionX's technologies are designed to produce low-cost and high-quality titanium powder for various manufacturing processes[10] - IperionX aims to produce high-performance titanium products with zero Scope 1 and 2 emissions, utilizing 100% renewable energy at its facilities[142] - IperionX's patented HAMR technology allows for the production of low-cost, high-quality titanium metal powders, significantly reducing oxygen content from 3.42% to below 0.07%[194] - IperionX's GSD technology increases powder yield by up to 50%, addressing limitations of existing methods for producing spherical titanium powders[168] - IperionX's sustainable titanium powders are produced using 100% renewable energy, resulting in zero scope 1 and 2 carbon emissions[186] Financial Performance and Funding - The company incurred net losses of US$21.8 million and US$17.4 million for fiscal 2024 and fiscal 2023, respectively, with cash reserves of US$33.2 million as of June 30, 2024[28] - The company reported net cash outflows from operating and investing activities of US$25.1 million for fiscal 2024[28] - The ongoing operation of the company is dependent on raising additional funding from shareholders or other parties[29] - Access to capital markets is crucial for funding ongoing operations, and any inability to secure additional financing could hinder the company's business plan[53] - The company expects to incur significant legal, accounting, and compliance costs due to its public trading status in the United States, which may impact its financial resources[102] Operational Risks and Challenges - The company expects to continue incurring net losses until it commences commercial-scale production of titanium metals and/or critical minerals[28] - The successful commissioning of the HAMR furnace in August 2024 marks a significant step, but challenges remain in scaling production to generate meaningful revenue[36] - Unanticipated costs or delays in the commercialization and scale-up of technologies could materially affect the company's financial condition and operational results[37] - The company faces risks related to the performance of its titanium metal products, which may contain defects affecting customer satisfaction and sales[39] - Significant capital is required for the expansion of titanium metal production capacity, and failure to control costs could adversely impact margins and profitability[40] - The company is subject to operational risks in titanium mineral extraction, including potential safety hazards and environmental liabilities[41] - Climate change poses risks that could adversely affect operations, including severe weather conditions impacting infrastructure and productivity[54] - Cybersecurity risks may lead to unauthorized access to the company's information systems, potentially harming competitive position and increasing operational costs[55] Market and Competitive Position - The company aims to create a sustainable competitive advantage by upgrading raw titanium materials to finished high-performance products[11] - The company’s success is partially dependent on maintaining relationships with local communities and stakeholders, as dissatisfaction could lead to legal or administrative challenges[58] - The company is positioned to meet the growing demand for sustainable titanium products across various industries, including automotive, aerospace, and medical[179] Regulatory and Compliance Issues - The company is subject to extensive governmental regulations, which could result in unanticipated capital expenditures and operational restrictions[64] - The company is subject to reporting obligations under U.S. securities laws, including the Sarbanes-Oxley Act, which requires an assessment of internal controls[113] - The company has claimed exemptions from certain Nasdaq corporate governance practices, which may provide less protection to investors compared to domestic issuers[91] - The company is not required to prepare or file quarterly financial information other than quarterly updates, which may result in less information publicly available compared to domestic issuers[93] Internal Controls and Governance - The company has identified material weaknesses in internal control over financial reporting for the fiscal years ended June 30, 2024, and 2023[120] - If the company fails to maintain effective internal controls, it may not be able to accurately report financial results or meet reporting obligations, leading to a decline in ADS price[132] - The presence of material weaknesses could lead to financial statement errors and a loss of confidence in the reliability of financial reporting[126] Shareholder and Market Information - The trading price of the company’s American Depositary Shares (ADSs) has been volatile, ranging from $6.70 to $15.96 during fiscal 2024[73] - ADS holders do not have the same rights as shareholders, including voting rights and rights to dividends, which may affect their investment experience[74][77] - The company does not anticipate paying dividends in the foreseeable future and has not declared any dividends during the last three fiscal years[103] - The dual listing of ordinary shares on ASX and ADSs on Nasdaq may dilute liquidity and adversely affect the trading market for the ADSs[87] - Currency fluctuations between the Australian dollar and U.S. dollar may adversely affect the price of the ADSs relative to the ordinary shares[89] Strategic Projects and Initiatives - IperionX is in the process of commissioning commercial operations at its Titanium Manufacturing Campus in Virginia, U.S.[12] - The Titan Project in Tennessee is one of the largest permitted titanium, zircon, and rare earth mineral resources in the U.S., supporting low-cost titanium mineral feedstock[146] - IperionX aims to vertically integrate its technologies with titanium material feedstocks from the Titan Project to establish a U.S.-based titanium and critical mineral supply chain[204] - The company received US$12.7 million in funding from the U.S. Department of Defense to address titanium supply chain vulnerabilities, which will be applied towards the Titanium Production Facility[195] - The company plans to expand its critical mineral land position in the U.S. and explore additional critical minerals while securing necessary permits[206]

Group 1 - IperionX Ltd (IPX) shares increased by 3.90% during mid-day trading on October 2, reaching an intraday high of $23.74 before closing at $23.57, which is 0.74% below its 52-week high and 227.29% above its 52-week low of $7.20 [1] - The trading volume for IperionX Ltd was 34,307 shares, representing 115.6% of the average daily volume of 29,669 shares [1] Group 2 - Wall Street analysts have set an average one-year price target for IperionX Ltd at $22.25, with a high estimate of $24.50 and a low estimate of $20.00, indicating a potential downside of 5.58% from the current price of $23.57 [2] - The consensus recommendation from two brokerage firms for IperionX Ltd is an average rating of 2.0, which indicates an "Outperform" status on a scale where 1 signifies Strong Buy and 5 denotes Sell [2]

Core Insights - IPX1031 has been recognized as the Best Overall 1031 Exchange Company for 2024 by Fit Small Business, highlighting its leadership in the industry [1][3][4] Company Overview - Investment Property Exchange Services, Inc. (IPX1031) is the largest and one of the oldest Qualified Intermediaries in the United States, providing nationwide services for various types of 1031 Exchanges [2][5] - The company is a wholly owned subsidiary of Fidelity National Financial, a Fortune 500 company, ensuring industry-leading security for exchange funds [5] Services Offered - IPX1031 facilitates all types of 1031 Exchanges, including delayed, simultaneous, reverse, and improvement transactions, catering to a wide range of clients from small rental property owners to those involved in billion-dollar commercial transactions [2][5] Commitment to Excellence - The leadership at IPX1031 emphasizes a strong commitment to customer service and professional advisor support, which is reflected in the accolades received from multiple rating agencies over the years [3][4] - The recognition as a trusted leader in the industry reinforces IPX1031's position as the preferred Qualified Intermediary for clients navigating the complexities of 1031 Exchanges [4]