Iperionx Limited (AU:IPX) has released an update.
IperionX Limited has successfully raised A$100 million through a placement of new shares, priced at a 7.2% discount to the last closing price. The proceeds will fund expansions and operations at their Virginia titanium production campus and support corporate activities. This move underscores IperionX’s ambition to become a leader in American titanium and critical materials.
For further insights into AU:IPX stock, check out TipRanks’ Stock Analysis page.
