ASX:IPXMetals and Mining
How Investors Are Reacting To IperionX (ASX:IPX) Winning New US Defense Titanium Funding
IperionX has been awarded up to US$6.6 million by the U.S. Department of Defense to scale ballistic-grade titanium plate and component production at its Titanium Manufacturing Campus in Virginia, alongside new prototype and purchase orders for titanium fasteners for military vehicles.
This combination of government funding and initial defense orders underscores IperionX’s role in supporting domestic supply chains for advanced titanium components in critical land and maritime programs...