CHARLOTTE, N.C., June 11, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce that it has received the first task order, valued at US$1.3 million, from the U.S. Army under a Small Business Innovation Research (SBIR) Phase III Indefinite Delivery Indefinite Quantity (IDIQ) contract with the U.S. Department of Defense (DoD). The task order facilitates the production and delivery of titanium parts for U.S. Army ground vehicle programs. All technical specification ...

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 ...

IPX1031 provides nationwide Qualified Intermediary services for all types of 1031 Exchanges, including delayed, simultaneous, reverse, and improvement transactions. With a team of seasoned attorneys, accountants, Certified Exchange Specialists (CES), and industry experts, IPX1031 manages exchanges ranging from small rental properties to complex billion-dollar commercial properties. "Our dedicated team at IPX1031 is committed to delivering exceptional service to our clients and their professional advisors. T ...

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]

Core Insights - Investment Property Exchange Services, Inc. (IPX1031) has released its annual list of the Top Misconceptions about 1031 Exchanges for 2024, aiming to educate investors and their advisors on the nuances of these transactions [2][3] Misconceptions Overview - The top 10 misconceptions identified for 2024 include: 1. Reinvesting Rules 2. Replacing Debt 3. Vacation Home Qualification 4. Partnerships 5. Related Parties 6. Exchange Funds 7. Tax Deferral 8. Holding Periods 9. ID Deadlines & Timing Rules 10. Reverse Exchanges [2][4] Methodology - To compile the list, IPX1031 conducted surveys with CPAs, attorneys, and real estate brokers, as well as gathered inquiries from investors throughout the year [2][3] Company Background - 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 [4] - The company is a wholly owned subsidiary of Fidelity National Financial, a Fortune 500 company, and offers guidance from a nationwide staff of industry experts, veteran attorneys, and accountants [4]