IperionX announced their HAMR (Hydrogen Assisted Metallothermic Reduction) furnace has completed its final mechanical assembly and passed factory acceptance tests. The furnace will be delivered to the company’s Virginia Titanium Production Facility as a foundational asset to the low-cost titanium supply chain.
The HAMR furnace is a large-scale titanium furnace with IperionX-patented technologies. HAMR is a powder metallurgy process technology that allows for the production of titanium powders.
Installation is expected during 2024’s second quarter, with production of titanium beginning mid-2024. To ramp up low-cost titanium production, IperionX has received $2.4 million from the DoD as part of a $12.7 million grant fund.
To learn more about IperionX’s Viriginia Titanium Production Facility, visit this link.
This press release is available in its original form here.
