IperionX sens letter to shareholders showcasing innovation accomplishments

“This past year IperionX (IPX) achieved transformational progress, accomplishing a step change in our growth with the development of our Virginia Titanium Campus and the fast-tracked innovation activities there. We are rebuilding an industry that America once led – ushering in a new era where we manufacture high-performance titanium with ground-breaking, low cost, and energy efficient technologies – right here in the United States. IperionX’s Virginia Titanium Campus The ‘Wonder Metal’ Titanium has long been recognized as a superior metal – stronger than steel and aluminum, with low density and nearly impervious to corrosion. Yet the current standard method of production, the Kroll process, developed in the 1940s, remains an energy-intensive, batch-based and high-cost method that is inherently challenging to scale. These inefficiencies have consigned titanium to use in only specialized, high-performance and high-cost applications. That is about to change.”