ASX:IPXMetals and Mining
How New US Defense Funding at IperionX (ASX:IPX) Has Changed Its Investment Story
IperionX Limited announced in August 2025 that the U.S. Department of Defense has committed an additional US$12.5 million from a larger US$47.1 million award to accelerate the expansion of titanium manufacturing capacity at its Virginia facility.
This commitment reflects the U.S. government's prioritization of a secure, domestic supply chain for primary titanium metal, supporting both defense needs and critical mineral independence.
With this significant federal funding focused on domestic...