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IperionX Secures $47.1M DoD Contract to Reshore U.S. Titanium Supply Chain
7:36am on Monday 2nd of June, 2025 AEST
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Manufacturing
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IperionX Secures $47.1M DoD Contract to Reshore U.S. Titanium Supply Chain
7:36am on Monday 2nd of June, 2025 AEST
Key Points
U.S. Department of Defense awards IperionX up to $47.1 million
Total investment of $70.7 million over two years including company contribution
Focus on developing a resilient, low-cost, mineral-to-metal titanium supply chain
Initial $5 million DoD funding to advance Titan Critical Minerals Project in Tennessee
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