IperionX

IperionX Delivers First Titanium Furnace Production Run

/ MANUFACTURING HEAT TREAT NEWS, TITANIUM PROCESSING NEWS

IperionX, a U.S. titanium metal and critical materials company, recently delivered its first successful titanium furnace production run at the company’s Titanium Manufacturing Campus, based in Virginia. The furnace was installed in April 2024 with full run rate target capacity of at least 125 metric tons per year anticipated by the end of the year.

Anastasios (Taso) Arima
CEO
IperionX
Source: IperionX

IperionX announced the commissioning of the Hydrogen Assisted Metallothermic Reduction (HAMRTM) furnace, noting that the titanium de-oxygenation production run represents a technological milestone for the company with a breakthrough +60x increase in titanium production capacity. The company’s titanium metal and critical minerals are processed for the consumer electronics, space, aerospace, defense, hydrogen, electric vehicles, and additive manufacturing industries.

“Over the last two years, we have successfully operated our pilot titanium production facility in Utah, producing high performance titanium products for customers and importantly – delivering first revenues for our company,” said Anastasios (Taso) Arima, CEO of IperionX. “Today, we demonstrated that our HAMR technology works at commercial scale. We successfully increased the furnace production capacity by ~60x times and produced high performance titanium that exceeds industry quality standards.”

The HAMR furnace is produced entirely from 100% scrap titanium (Ti-6Al-4V alloy, Grade 5 titanium), with a confirmed reduction in oxygen levels from 3.42% to below 0.07%, far exceeding the ASTM standard requirement of 0.2% for Grade 5 titanium. IperionX’s proprietary HAMR technologies offer a range of competitive advantages, including lower operating temperatures, reduced energy consumption, enhanced process efficiency, and accelerated production cycles.

The press release is available in its original form here.

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IperionX and Vegas Fastener To Co-Produce Titanium Fasteners for US Army

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IperionX Limited and Vegas Fastener Manufacturing, LLC (Vegas Fastener) have agreed to partner to develop and manufacture titanium alloy fasteners and precision components with IperionX’s advanced titanium products.

The commercial focus of this partnership is on developing and manufacturing titanium alloy fasteners and precision components for the U.S. Army Ground Vehicle Systems Center (GVSC), which is the United States Armed Forces’ research and development facility for advanced technology in ground systems. GSVC’s research and development includes robotics, autonomy, survivability, power, mobility, intelligent systems, maneuver support and sustainment.

Additionally, the partners will design, engineer and produce titanium fasteners for critical sectors such as the aerospace, naval, oil & gas, power generation, pulp & paper and chemical sectors. These sectors demand fasteners that provide not only high strength-to-weight ratios but also exceptional corrosion resistance for high-performance applications.

Vegas Fastener, headquartered in Las Vegas, Nevada, is a global leader in the development and manufacturing of high-performance fasteners and custom machined components. Together with its allied company, PowerGen Components, Vegas Fastener serves a diverse array of customers in the defense, marine, power generation, oil & gas, nuclear, chemical, and water infrastructure sectors. Vegas Fastener develops and manufactures precision high-performance fasteners using specialized alloys to meet demanding quality specifications.

IperionX’s leading titanium technology portfolio includes high-performance near-net shape titanium products, semi-finished titanium products, spherical titanium powder for additive manufacturing and metal injection molding, and angular titanium powder for a wide range of advanced manufacturing applications. These innovative patented technologies allow for sustainability and process energy efficiencies over the traditional Kroll titanium production process.

Image above: High-performance fasteners manufactured by Vegas Fastener

This press release is available in its original form here.

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IperionX Titanium Furnace Set To Arrive in Virginia

/ FEATURED NEWS, MANUFACTURING HEAT TREAT, SINTERING POWDER METAL NEWS, TITANIUM PROCESSING NEWS
HAMR titanium furnace for Virginia facility (Source: IperionX)

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.

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IperionX Grows with New Virginia Titanium Facility

/ FEATURED NEWS, FORGING NEWS, MANUFACTURING HEAT TREAT NEWS, TITANIUM PROCESSING NEWS
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IperionX, a producer of high-quality titanium alloys, has commissioned a titanium production facility in Virginia.

Anastasios (Taso) Arima, CEO of IperionX, commented in a letter to the company’s shareholders: “Our Virginia titanium facility is designed to apply our HAMR [Hydrogen Assisted Metallothermic Reduction] and HSPT [Hydrogen Sintering & Phase Transformation] technologies to produce sustainable, high-quality and high strength titanium metal products at low cost.”

Anastasios (Taso) Arima, CEO,
IperionX
(Source: Iperionx.com)

Full capacity is scheduled for 2026, with more than 1,000 metric tons of titanium produced per year. Using titanium powder produced on site, IperionX plans to employ unique forging technologies to produce titanium mill products and near net shape titanium products and to apply AM to produce 3D printed titanium products.

Arima also added, “We engaged with Lockheed Martin, GKN Aerospace, and the U.S. Army to replace traditional titanium mill products, in this case titanium plate, providing a new domestic and sustainable source to enhance their critical supply chains.” To aid these goals, Iperion is installing a large-scale, industrial furnace at their Virginia facility.

This letter to IperionX’s shareholders can be found here.

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