IPERIONX PRODUCES TITANIUM METAL FROM TENNESSEE MINERALS ▪...

IPERIONX PRODUCES TITANIUM METAL FROM TENNESSEE MINERALS

▪ IperionX has successfully applied patented technologies to produce the first low-carbon spherical titanium, aluminum and vanadium alloy (“Ti-6Al-4V” or “Ti64”) powder using titanium minerals from Tennessee as feedstock.

▪ Testing confirmed that IperionX’s Ti64 powder meets important Grade 5 quality specifications, which accounts for ~50% of global titanium metal use, including in aerospace turbines, structures and engine components.

▪ The patented titanium technologies have the potential to significantly lower the energy consumption, costs and carbon emissions versus the incumbent Kroll process used to create titanium metal sponge and then refined into titanium alloys.

▪ The technologies can produce titanium alloys directly with alloying elements oxides, and this important advantage offers a valuable opportunity to deliver customers a wider range of lower cost innovative titanium alloys on shorter lead times.

▪ The U.S. currently has no primary titanium metal (sponge) production capacity, with key inputs in the global titanium supply chain dominated by China and Russia.

▪ IperionX aims to re-shore an all-American low-carbon titanium supply chain that will utilize recycled titanium feedstocks, and titanium minerals from Tennessee, to produce commercial grade titanium metal and alloys for use in aerospace, space, consumer electronics, electric vehicle and defense sectors