IperionX Receives Final $4.6M In DoW Funding and 290 Metric Tons of Titanium Scrap from U.S. Government

U.S. Department of War, through its Industrial Base Analysis and Sustainment program, has obligated the final US$4.6 million under IperionX’s previously announced US$47.1 million award Funds will be applied to the scale-up of production to 1,400 tpa at IperionX’s Titanium Manufacturing Campus in Virginia, with planning, design and long lead time activities underway The U.S. Government has also transferred ~290 metric tons (320 short tons) of high-quality titanium scrap metal to IperionX for no cost, which i ...