- CEO
- Anastasios Arima
- Full Time Employees
- 28
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 129 West Trade Street Charlotte NC United States of America 28202
- IPO Date
- Aug 25, 2021
- Business
- IperionX Limited engages in the exploration, development, and production of titanium metal and critical minerals using proprietary low-carbon technologies to create sustainable U.S.-based supply chains for advanced industries including aerospace, defense, automotive, consumer electronics, medical, additive manufacturing, hydrogen, and electric vehicles. The company produces high-performance titanium powders, alloys, and end products such as angular and spherical powders in commercially pure titanium and Ti-6Al-4V from titanium scrap via its Hydrogen Assisted Metallothermic Reduction (HAMR) process and related technologies at its operational pilot facility in Utah; it also holds 100% interest in the Titan Project, a large heavy mineral sands deposit covering over 11,000 acres in Tennessee rich in titanium-bearing ilmenite and rutile, rare earth elements, zircon, and silica sand. Incorporated in 2017 and headquartered in Charlotte, North Carolina, IperionX operates primarily in the United States with facilities in Utah, Tennessee, and Virginia, targeting a vertically integrated mine-to-market model that emphasizes scrap recycling, reduced energy use, and lower emissions compared to traditional Kroll processes.
Recent developments include securing a U.S. Department of Defense SBIR Phase III contract valued at up to $99 million, with an initial $1.3 million U.S. Army task order and additional $25 million in funding to scale titanium production to 1,400 metric tons per year at its Virginia Manufacturing Campus; the company also received a further $12.5 million in U.S. government funding and up to $150 million in tax-exempt private activity bond capacity to accelerate expansion. In July 2025, IperionX announced a $46 million private placement to fast-track long-lead equipment for HAMR and Hot Isostatic Pressing Technology modules and forging capacity ahead of 2026-2027 production targets, while advancing the Titan Project's Definitive Feasibility Study. Previously, it finalized the strategic acquisition of breakthrough titanium technologies from Blacksand Technology LLC, raised $100 million in October 2024 and $50 million in May 2024 for development and operations, and changed its name from Hyperion Metals Limited in February 2022.