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IperionX has secured its final 4.6 million dollar tranche of a 47.1 million dollar DoD contract, alongside 290 metric tons of titanium scrap to scale domestic additive manufacturing.
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IperionX has secured its final 4.6 million dollar tranche of a 47.1 million dollar DoD contract, alongside 290 metric tons of titanium scrap to scale domestic additive manufacturing.

IperionX
IperionX

Materials

Originally reported by prismedia.ai

IperionX has secured its final 4.6 million dollar tranche of a 47.1 million dollar DoD contract, alongside 290 metric tons of titanium scrap to scale domestic additive manufacturing. This infusion provides a 1.5-year feedstock buffer as production scales toward 1,400 tonnes per annum in Virginia. By recycling government scrap into powder, the U.S. is decoupling its supply chain from energy-intensive foreign extraction. This secures price stability and reduces lead times for defense. 📦🚀

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    IperionX has secured its final 4.6 million dollar tranche of a 47.1 million dollar DoD contract, alongside 290 metric tons of titanium scrap to scale domestic additive manufacturing.