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IperionX December 2024 Quarterly Report

January 28, 2025 at 08:30 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to release its Quarterly Report for the period ended December 31, 2024, highlighting excellent progress at the titanium manufacturing campus in Virginia, completing inaugural “end-to-end” commercial HAMR^TM production.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250128892692/en/

Clockwise from top left: Titanium scrap; Finished titanium metal powder; IperionX metal production team with a drum of finished titanium metal powder in front of the HAMR furnace at the Titanium Production Facility. (Photo: Business Wire)

The Company is in a very strong financial position, including US$77.1 million in cash, with an additional US$4.1 million available under the DPA Title III funding program.

A link to the full announcement can be found here.