IperionX Enhances Board With Appointment of Senior U.S. Directors

March 11, 2025 at 08:30 AM EDT

IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX), a leading American titanium metal and critical materials company, is pleased to announce two significant appointments to its Board of Directors, effective from March 17, 2025.

Appointment of Tony Tripeny as Non-Executive Director

Mr. Tony Tripeny joins IperionX as an independent Non-Executive Director, and brings over 40 years of financial and operational leadership in advanced manufacturing, technology and materials science.

Mr. Tripeny’s successful 36-year career at Corning Incorporated, a global innovator and leader in advanced materials science, included senior roles of Executive Vice President and Chief Financial Officer, as well as Senior Vice President and Corporate Controller, until his retirement in 2022. Mr. Tripeny currently serves as a Director at Mesa Laboratories and Origin Materials. He holds an economics degree from the Wharton School of Business at the University of Pennsylvania and is a member of both the Financial Executives Institute and the Institute of Management Accounting.

Appointment of Lorraine Martin as Lead Independent Director

IperionX is also pleased to appoint current IperionX Non-Executive Director Lorraine Martin as Lead Independent Director.

Ms. Martin has over 35 years of leadership experience in the aerospace and defense industries, having held key executive roles at Lockheed Martin, including Executive Vice President and Deputy of the Rotary & Mission Systems division and Vice President & General Manager of the F-35 Lightning II Program. Currently serving as President and CEO of the National Safety Council, Ms. Martin is also a Director at Kennametal, a global materials science firm. A former U.S. Air Force officer, Ms. Martin holds a Master of Science in computer science from Boston University and a Bachelor of Arts in computational mathematics from DePauw University.

Executive Chairman Todd Hannigan commented:

"We are pleased to enhance our Board with the appointment of Tony Tripeny. Tony's extensive experience at Corning, an industry benchmark for excellence in materials innovation and manufacturing, combined with his deep financial acumen will play an important role in ensuring IperionX’s leadership across the titanium and advanced manufacturing sectors.

Lorraine Martin’s experience, leadership and insights across aerospace, defense, and government relations have delivered important strategic value to the IperionX team in her role as a Non-Executive Director. I welcome her appointment as Lead Independent Director, which will add to her pivotal leadership contributions for our accelerated growth and success."

About IperionX

IperionX is an American titanium metal and critical materials company, leveraging patented and proprietary technologies to sustainably produce high-performance titanium alloys from titanium minerals and recycled materials at significantly lower energy consumption and cost.

The Company’s Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth, and zircon mineral sands in the United States, strategically positioned to support essential industries including aerospace, defense, consumer electronics, robotics, electric vehicles, and additive manufacturing.