SOUTH BOSTON, Va., Feb. 02, 2026 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) IperionX has released its 2026 letter from CEO Taso Arima to shareholders and other valued stakeholders, outlining plans to grow the U.S.'s leading domestic titanium manufacturing platform, essential to America’s industrial renewal, defense strength, and long-term prosperity. Dear IperionX Shareholders, We enter 2026 in a strong position, well-placed to advance America’s reindustrialization by both resho ...

Core Insights - IperionX Limited has partnered with Carver Pump Company to enhance the production of critical titanium components for U.S. Navy shipbuilding, addressing supply chain challenges in the defense sector [1][7] Group 1: Partnership and Project Development - Carver Pump has placed an initial order for prototype titanium components, marking a significant milestone in the partnership with IperionX [2][3] - The project has transitioned from planning to prototyping, facilitated by the steady production of titanium metal powder from IperionX's new facility in Virginia [3] Group 2: Production and Efficiency - Titanium components are crucial for U.S. Navy pump systems due to their strength, corrosion resistance, and durability in marine environments [4] - Traditional casting methods for titanium parts often result in lead times exceeding 12 months, causing delays in naval ship construction and maintenance [4] - The IperionX project aims to reduce production lead times to less than one week for each titanium component, leveraging low-cost titanium powder and advanced manufacturing techniques [5] Group 3: Future Potential - Successful prototyping and testing could lead to larger-scale production agreements with Carver Pump and the U.S. Navy for additional components [6] - The partnership is expected to significantly improve supply chain efficiency, enhancing fleet readiness for naval operations [7]