Iperionx Stock Price, News & Analysis

IperionX (NASDAQ: IPX) has secured $12.5 million in U.S. Department of Defense (DoD) funding as part of a larger $47.1 million award to strengthen the U.S. Defense Industrial Base. This funding will accelerate the expansion of titanium production capacity at IperionX's Virginia Titanium Manufacturing Campus to over 1,000 metric tons per year.

The funds will be used for purchasing long-lead capital equipment, including titanium deoxygenation, sintering, and powder metallurgy systems. This follows a previous $5 million obligation for the Titan Critical Minerals Project in Tennessee, bringing total funding to $17.5 million, with $29.6 million remaining to be obligated over the contract term.

IperionX (NASDAQ: IPX) has secured a significant financing opportunity through a US$150 million tax-exempt private activity bond (PAB) capacity reservation from Virginia's industrial development bond program. This non-dilutive financing option comes in addition to the company's Phase II titanium expansion program, which is separately funded by a US$42.1 million grant from the US Department of Defense.

The PAB reservation provides IperionX with enhanced funding flexibility, offering potentially lower-cost capital for future expansions. The company will evaluate the optimal terms and conditions throughout 2025 before deciding on any bond issuance. These tax-exempt bonds are designed to support projects that generate public benefits including job creation and regional economic growth.

IperionX (NASDAQ: IPX) reported significant progress in its June 2025 quarter, marking major operational milestones at its Titanium Manufacturing Campus in Virginia. The company has successfully commissioned all major scrap-to-forged titanium manufacturing equipment, with the HAMR furnace exceeding industry standards for titanium production.

The company secured substantial government backing, including a US$99 million SBIR Phase III IDIQ contract from the U.S. Department of Defense, adding to its previous US$47.1 million DoD funding. IperionX announced a US$46 million private placement to accelerate production expansion, bringing its pro-forma cash position to approximately US$100 million.

The company's Titan Critical Minerals Project, the largest critical mineral sands project in the U.S., continues progress with its Definitive Feasibility Study on track for Q2 2026 completion.

IperionX has secured its first task order worth US$1.3 million from the U.S. Army under a US$99 million SBIR Phase III IDIQ contract with the Department of Defense. The order involves producing titanium parts for Army ground vehicle programs at IperionX's Virginia Titanium Manufacturing Campus. This initiative aims to strengthen domestic titanium supply chains and reduce foreign dependence. The project, executed under the U.S. Controlled Unclassified Information Program, represents the first of expected future orders under the broader contract, which allows any DoD and U.S. Government agency to procure titanium components directly from IperionX. The company's CEO, Anastasios Arima, emphasized this as a crucial step in reshoring titanium production and establishing a long-term DoD partnership.

IperionX (NASDAQ: IPX) has secured a significant SBIR Phase III contract from the U.S. Department of Defense worth up to US$99 million. The Indefinite Delivery, Indefinite Quantity (IDIQ) contract focuses on achieving Low-Cost Domestic Titanium for Defense Applications. The contract enables IperionX to receive task order funding from DoD agencies, with initial projects focusing on manufacturing high-performance titanium fasteners. The SBIR Phase III status indicates the technology's readiness to transition from R&D to scaled production. Production will occur at IperionX's Titanium Manufacturing Campus in Virginia, supporting local jobs and strengthening the U.S. defense industrial base. The contract aligns with U.S. Government priorities to enhance domestic critical-material manufacturing capabilities.

IperionX (NASDAQ: IPX) reported significant progress in Q1 2025 with its Titanium Manufacturing Campus in Virginia. The company expects full system operational capacity by mid-2025, with its HAMR™ furnace successfully producing high-quality titanium. Key achievements include: $47.1 million DoD funding for titanium supply chain development, $11.0 million from U.S. Export-Import Bank for equipment, and partnerships with eight commercial partners. The company is advancing its Titan Critical Minerals Project, the largest mineral sands project in the U.S., with a DFS expected in Q2 2026. The project aims to secure titanium feedstock and heavy rare earths supply. IperionX maintained a strong financial position with $66.1 million in cash as of March 31, 2025.

IperionX (NASDAQ: IPX) reported significant progress in its March 2025 quarterly update, highlighting the advancement of its Titanium Manufacturing Campus in Virginia. The facility is expected to reach full operational capacity by mid-2025, with the HAMR™ furnace successfully producing high-quality titanium exceeding industry standards.

The company secured substantial government support, including up to $47.1 million in U.S. Department of Defense funding and an additional $11.0 million from the U.S. Export-Import Bank. IperionX is actively working with eight commercial partners across defense, automotive, and consumer electronics sectors.

The company plans to expand titanium production capacity by the end of 2026, with expansion plans to be released mid-2025. A Definitive Feasibility Study for the Titan Critical Minerals Project, the largest critical mineral sands project in the U.S., is expected to complete in Q2 2026. As of March 31, 2025, IperionX maintained a strong financial position with US$66.1 million in cash.

IperionX (NASDAQ: IPX) has initiated a Definitive Feasibility Study (DFS) for its Titan Critical Minerals Project in Tennessee, marking a significant step toward developing a fully integrated U.S. titanium supply chain. The project represents the largest U.S. mineral resource of titanium, zircon, and rare earth mineral sands.

The DFS, expected to complete by Q2 2026, is partially funded through IperionX's recent US$47.1 million U.S. Government award. Total U.S. Government funding received since January 2023 exceeds US$60 million. The study will encompass detailed mine engineering, processing flowsheet, and infrastructure design.

The Titan Project could become the largest domestic source of critical heavy rare earth elements, including dysprosium and terbium, essential for advanced technologies and national defense. The company's Virginia Titanium Production Facility remains on schedule for ramp-up through 2025.

IperionX (NASDAQ: IPX) has secured approval from the U.S. EXIM Bank Board for an $11 million equipment finance loan to expand its advanced titanium manufacturing capabilities. The funding will be used to acquire state-of-the-art manufacturing equipment, including advanced additive manufacturing systems and precision machining tools at its Advanced Manufacturing Center in Virginia.

The financing aligns with EXIM Bank's 'Make More in America Initiative' and 'China and Transformational Exports Program', aimed at strengthening U.S. manufacturing capabilities and reducing foreign supply chain dependencies. This non-dilutive funding will support IperionX's mission to establish a fully integrated, end-to-end titanium supply chain within the United States, addressing critical supply gaps in industries such as aerospace, defense, automotive, and healthcare.