IperionX Receives a Further $25M in U.S. Government Funding to Accelerate Titanium Production Scale-Up
IperionX (NASDAQ: IPX) has secured an additional $25 million in funding from the U.S. Department of War through its Industrial Base Analysis and Sustainment (IBAS) program. This funding is part of a previously announced $47.1 million award to strengthen the U.S. defense industrial base.
The new funds will support the scale-up of titanium production at IperionX's Titanium Manufacturing Campus in Virginia to 1,400 metric tons per year. With this latest obligation, total funding received reaches $42.5 million, with the remaining $4.6 million expected over the contract term. The IBAS program aims to establish a resilient, low-cost, domestic titanium supply chain from minerals to metal.
IperionX (NASDAQ: IPX) ha ottenuto un ulteriore finanziamento di 25 milioni di dollari dal Dipartimento della Guerra degli Stati Uniti tramite il programma Industrial Base Analysis and Sustainment (IBAS). Tale finanziamento fa parte di un precedente assegno di 47,1 milioni di dollari per rafforzare la base industriale della difesa statunitense.
I nuovi fondi permetteranno di aumentare la produzione di titanio presso il Titanium Manufacturing Campus di IperionX in Virginia a 1.400 tonnellate metriche all'anno. Con questo ultimo impegno, il totale dei finanziamenti ricevuti arriva a 42,5 milioni di dollari, con i restanti 4,6 milioni di dollari previsti nel periodo contrattuale. Il programma IBAS mira a creare una catena di approvvigionamento domestica per il titanio, resiliente e a basso costo, dai minerali al metallo.
IperionX (NASDAQ: IPX) ha asegurado otros 25 millones de dólares en financiamiento por parte del Departamento de Guerra de EE. UU. a través de su programa Industrial Base Analysis and Sustainment (IBAS). Este financiamiento forma parte de un premio previamente anunciado de 47,1 millones de dólares para fortalecer la base industrial de defensa de EE. UU.
Los nuevos fondos apoyarán la escalada de la producción de titanio en el Titanium Manufacturing Campus de IperionX en Virginia a 1.400 toneladas métricas por año. Con esta nueva obligación, el financiamiento total recibido asciende a 42,5 millones de dólares, quedando 4,6 millones de dólares por entregar durante la vigencia del contrato. El programa IBAS tiene como objetivo establecer una cadena de suministro de titanio doméstica, resiliente y de bajo costo, desde minerales hasta metal.
IperionX(나스닥: IPX)가 미국 국방부의 산업기반 분석 및 유지(IBAS) 프로그램을 통해 추가로 2,500만 달러의 자금을 확보했습니다. 이 자금은 미국 방위 산업 기반을 강화하기로 발표된 47.1백만 달러의 상금의 일부입니다.
새 자금은 버지니아의 IperionX Titanium Manufacturing Campus에서 티타늄 생산을 연간 1,400메트릭 톤으로 확대하는 데 사용됩니다. 이번 의무금으로 총 자금 조달은 4250만 달러에 이르고, 잔여 460만 달러는 계약 기간 동안 예상됩니다. IBAS 프로그램은 원석에서 금속에 이르기까지 저비용의 국내 티타늄 공급망을 구축하는 것을 목표로 합니다.
IperionX (NASDAQ: IPX) a obtenu un financement supplémentaire de 25 millions de dollars de la part du Department of War des États-Unis via le programme Industrial Base Analysis and Sustainment (IBAS). Ce financement s’inscrit dans une attribution précédemment annoncée de 47,1 millions de dollars destinée à renforcer la base industrielle de la défense américaine.
Les nouveaux fonds soutiendront l’augmentation de la production de titane sur le Titanium Manufacturing Campus de IperionX en Virginie à 1 400 tonnes métriques par an. Avec cette dernière obligation, le financement total s’élève à 42,5 millions de dollars, les 4,6 millions de dollars restants étant prévus sur la durée du contrat. Le programme IBAS vise à établir une chaîne d’approvisionnement domestique du titane, résiliente et à faible coût, des minerais au métal.
IperionX (NASDAQ: IPX) hat von der US-Verteidigungsbehörde über das Programm Industrial Base Analysis and Sustainment (IBAS) zusätzliche 25 Millionen US-Dollar an Finanzierung gesichert. Diese Mittel gehören zu einer zuvor angekündigten Zuschuss von 47,1 Millionen US-Dollar, um die Verteidigungsindustriebasis der USA zu stärken.
Die neuen Mittel werden die Titanproduktion am Titanium Manufacturing Campus von IperionX in Virginia auf 1.400 metrische Tonnen pro Jahr hochfahren. Mit dieser Verpflichtung erreicht die gesamte erhaltene Finanzierung 42,5 Millionen US-Dollar, wobei die verbleibenden 4,6 Millionen US-Dollar voraussichtlich im Vertragszeitraum ausgezahlt werden. Das IBAS-Programm zielt darauf ab, eine widerstandsfähige, kostengünstige inländische Titan-Lieferkette von Mineralien bis zum Metall zu schaffen.
IperionX (NASDAQ: IPX) حصلت على تمويل إضافي قدره 25 مليون دولار من وزارة الحرب الأمريكية من خلال برنامج التحليل الصناعي واستدامة القاعدة الصناعية (IBAS). وهذا التمويل جزء من منحة مُعلَن عنها سابقاً بمقدار 47.1 مليون دولار لتعزيز القاعدة الصناعية الدفاعية الأمريكية.
وستدعم الأموال الجديدة زيادة إنتاج التيتانيوم في حرم Titanium Manufacturing Campus الخاص بـ IperionX في فرجينيا إلى 1,400 طن متري في السنة. وباستخدام هذا الالتزام الأخير، يصل إجمالي التمويل إلى 42.5 مليون دولار، مع توقع الباقي 4.6 ملايين دولار على مدى مدة العقد. يهدف برنامج IBAS إلى إنشاء سلسلة إمداد محلية للتيتانيوم، مرنة ومنخفضة التكلفة، من المعادن إلى المعدن.
IperionX (纳斯达克: IPX) 已通过其工业基地分析与维持计划（IBAS）从美国战争部获得了额外的 2500万美元资金。这笔资金是此前宣布的 4710万美元奖励的一部分，旨在加强美国防务工业基地。
新资金将支持在位于弗吉尼亚的 IperionX Titanium Manufacturing Campus 将钛生产规模提升至 每年1,400公吨。此次新的拨款后，总资金达到 4250万美元，剩余的 460万美元预计在合同期限内支付。IBAS 计划旨在建立一个从矿物到金属的、韧性强、低成本的国内钛供应链。
- Secured additional $25 million in U.S. government funding
- Total funding obligations reached $42.5 million out of $47.1 million award
- Production capacity to increase to 1,400 metric tons per year
- Strategic partnership with U.S. Department of War strengthens market position
- Remaining $4.6 million funding still pending obligation
- Large-scale production capabilities yet to be proven
Insights
IperionX secures $25M additional DoW funding, bringing total to $42.5M of $47.1M award to scale titanium production to 1,400 tpa.
This $25 million funding obligation from the Department of War represents a significant vote of confidence in IperionX's titanium production capabilities. The funding is part of a larger $47.1 million award through the Industrial Base Analysis and Sustainment (IBAS) program, with $42.5 million now obligated and the remaining $4.6 million expected over the contract term.
The strategic importance of this funding cannot be overstated. The U.S. currently imports approximately 80% of its titanium sponge, creating critical supply chain vulnerabilities. By supporting IperionX's scale-up to 1,400 metric tons per year, the DoW is actively addressing a significant national security concern while creating domestic manufacturing capabilities.
What makes this development particularly noteworthy is the integrated approach - from minerals to metal production. The funding previously helped advance the Titan Critical Minerals Project in Tennessee to shovel-ready status, and now focuses on scaling production capacity at the Virginia Manufacturing Campus. This vertical integration strategy reduces foreign dependencies while potentially lowering production costs through technological innovation.
This latest funding tranche suggests strong government confidence in IperionX's execution of earlier milestones, as it follows two previous obligations of $12.5 million and $5 million. For investors, this represents de-risking of the company's scale-up strategy through substantial non-dilutive capital while validating the strategic importance of its technology platform.
- U.S. Department of War, through its Industrial Base Analysis and Sustainment program, has obligated an additional US
$25 million under IperionX’s previously announced US$47.1 million award - IBAS funding supports the build-out of a resilient, fully integrated, and low-cost titanium supply chain - from minerals to metal - strengthening the U.S. defense industrial base
- Funds will be applied to the scale-up of production to 1,400 tpa at IperionX’s Titanium Manufacturing Campus in Virginia
- The
$25.0 million obligation, along with the prior US$12.5 million and US$5.0 million , takes total obligations to US$42.5 million , with the remaining US$4.6 million expected to be obligated over the contract term
CHARLOTTE, N.C., Sept. 26, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX), announces that the U.S. Department of War (DoW) through its Industrial Base Analysis and Sustainment (IBAS) program, has obligated an additional US
The additional obligation will be applied to the scale-up of titanium production and advanced manufacturing capacity at IperionX ‘s Titanium Manufacturing Campus, enabling output of up to 1,400 metric tons per year (tpa).
The IBAS program is designed to reinforce U.S. defense supply chains by fostering a resilient, low-cost, mineral-to-metal titanium platform that reduces reliance on imports and establishes a secure uninterruptible domestic source of critical materials.
This latest obligation follows prior tranches of US
About IperionX
IperionX is a leading American titanium metal and critical materials company – using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy, cost and carbon emissions.
Our Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth and zircon minerals sands in the United States.
IperionX’s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, automotive and additive manufacturing.
Contacts
Anastasios (Taso) Arima, Founder and CEO
Toby Symonds, President
Dominic Allen, Chief Commercial Officer
Investors: investorrelations@iperionx.com
Media: media@iperionx.com
+1 980 237 8900
www.iperionx.com
FAQ
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