IperionX(US:IPX) Globenewswire·2025-09-02 12:30Core Insights - IperionX Limited is accelerating its U.S. titanium production to become the largest and lowest-cost producer in the country [1][2] - The company aims for global market leadership in high-performance titanium components through significant production capacity increases and cost reductions [3][4] Production Capacity and Cost Reduction - The nameplate titanium powder capacity has increased by 60% to 200 metric tons per year (tpa) due to operational and technological improvements without additional capital expenditure [6] - Projected titanium powder unit costs are expected to fall to approximately US$55/kg at full utilization, down from a prior estimate of US$75/kg [6] - A seven-fold scale-up in titanium production capacity to 1,400 tpa is targeted by 2027, with an anticipated unit cost of around US$29/kg at full utilization [6] Funding and Financial Outlook - The expansion capital is estimated at approximately US$75 million, funded by a U.S. Department of Defense (DoD) award of US$47.1 million, existing cash of US$101 million, and prospective DoD SBIR Phase III task orders of US$99 million [6] - Positive EBITDA is expected by the end of 2026 as titanium manufacturing sales scale progressively [6] Technological Advancements - IperionX is leveraging patented technologies, including HAMR and HSPT, to enhance manufacturing yields while reducing process steps, energy consumption, and capital expenditure intensity [6] - The company is focused on building a fully integrated U.S. titanium supply chain to serve various industries, including defense, aerospace, automotive, and consumer electronics [5][8] Market Position and Future Goals - IperionX aims to achieve global leadership in advanced manufacturing of high-performance titanium components, targeting over 10,000 tpa by 2030 [6] - The company’s Titan critical minerals project is noted as the largest JORC-compliant mineral resource of titanium, rare earth, and zircon minerals sands in the U.S. [7]