IPX 1.52% $1.94 iperionx limited

Ann: March 2024 Quarterly Report, page-2

  1. 18 Posts.
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    Looks like everything is on track

    • Titanium Production Facility
    • Furnace installed
    • Commissioning in Q2 2024
    • First Production in mid-2024 - 125tps by the end of 2024
    • 2000tpa in 2026
    • Expansion studies (above 2000tpa) already underway

    • Advanced Manufacturing Center
    • Construction completed
    • Commissioning is underway
    • First products in the coming weeks

    • Partnership with United Stars as recently announced

    • Titan Project
    • Significant commercial interest
    • Japanese conglomerate still working the bulk sample test
    • Hope to see some news on that front soon

    • US government funding
    • US$ 3.8m received from US$12.7m (DPA Title III funding)
    • Equipment financing US$11.5m with EXIM Bank advancing
    • Several government programs aim to re-shore a secure, low-cost, sustainable domestic titanium supply chain with focus on using titanium scrap and minerals as source. The specifics of this programs are matching 100% to everything IPX is doing right now!

    In summary a hot summer is awaiting IPX and its shareholders

    Greetins miningfox
 
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