IperionX Limited (ASX:IPX)
IperionX Limited (ASX:IPX), formerly Hyperion Metals Limited (ASX:HYM), aims to be the leading developer of zero carbon, sustainable, critical material supply chains for industries including space, aerospace, electric vehicles, and 3D printing.
IperionX owns the Titan Project - approximately 3,850 acres of titanium, rare earth minerals, high grade silica sand and zircon rich mineral sands properties in Tennessee, USA. The Titan Project is located close to low-cost road, rail and water logistics connecting it to world class manufacturing industries.
IperionX has secured an option for the exclusive license to produce low carbon titanium metal using the breakthrough HAMR technology. The HAMR technology has demonstrated the potential to produce titanium powders with low-to-zero carbon intensity, significantly lower energy consumption and overall cost and at qualities above current industry standards.