Iperionx Limited (AU:IPX) has released an update.
IperionX Limited has achieved a major milestone with the successful installation of its commercial-scale HAMR titanium furnace at the Titanium Manufacturing Campus in Virginia, promising lower energy use, increased efficiency, and higher product quality. The company is progressing as planned, with the first production of titanium powder expected in mid-2024 and aims to establish a complete, innovative U.S. titanium supply chain. This advancement positions IperionX to enhance titanium production for advanced industries with lower costs and environmental impact.
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