IperionX Produces Titanium Metal From Tennessee Minerals
IperionX has achieved a milestone by producing the first low-carbon Ti-6Al-4V powder from Tennessee titanium minerals using patented technologies. The produced powder meets Grade 5 specifications, critical for aerospace applications. This innovative method could lower energy costs and carbon emissions compared to traditional Kroll processing. IperionX aims to establish an all-American titanium supply chain, reducing reliance on foreign sources. The recent Inflation Reduction Act offers funding opportunities to support domestic titanium production, enhancing the company's growth potential.
- Successfully produced low-carbon Ti-6Al-4V powder with Grade 5 specifications.
- Patented technologies reduce energy consumption and costs compared to Kroll process.
- Potential to re-shore an all-American titanium supply chain from Tennessee.
- Funding opportunities from Inflation Reduction Act to scale up domestic production.
- None.
-
IperionX has successfully applied patented technologies to produce the first low-carbon spherical titanium, aluminum and vanadium alloy (“Ti-6Al-4V” or “Ti64”) powder using titanium minerals fromTennessee as feedstock.
-
Testing confirmed that IperionX’s Ti64 powder meets important Grade 5 quality specifications, which accounts for ~
50% of global titanium metal use, including in aerospace turbines, structures and engine components.
-
The patented titanium technologies have the potential to significantly lower the energy consumption, costs and
carbon emissions versus the incumbent Kroll process used to create titanium metal sponge and then refined into titanium alloys.
-
The technologies can produce titanium alloys directly with alloying elements oxides, and this important advantage offers a valuable opportunity to deliver customers a wider range of lower cost innovative titanium alloys on shorter lead times.
-
The
U.S. currently has no primary titanium metal (sponge) production capacity, with key inputs in the global titanium supply chain dominated byChina andRussia .
-
IperionX aims to re-shore an all-American low-carbon titanium supply chain that will utilize recycled titanium feedstocks, and titanium minerals fromTennessee , to produce commercial grade titanium metal and alloys for use in aerospace, space, consumer electronics, electric vehicle and defense sectors.
Testing has confirmed successful production of a spherical Ti-6Al-4V powder with aluminum and vanadium uniformly distributed within the sample and meeting industrial specifications, and oxygen content meeting Grade 5 specification (<0.2 wt%).
Ti64 is a widely used alloy of titanium, aluminum and vanadium that provides high strength-to-weight ratio, excellent corrosion resistance and biocompatibility. Spherical Ti64 powders are used to manufacture advanced components with additive manufacturing / 3D printing.
Titanium alloy powders are currently produced with the Kroll process to firstly create titanium metal sponge, which is then refined via a series of high energy titanium melt processes to produce large batch titanium alloys as ingots. These ingots are then processed into titanium alloy wire/rod, which are feedstocks for high energy plasma / gas atomization that produces spherical titanium alloy powders.
The patented titanium technologies avoid the high-cost, high-
“The need to secure a cost effective, low
Today’s announcement highlights that these innovative technologies can produce low
The signing into law of the Inflation Reduction Act (2022) last week was an important turning point for re-shoring critical low
About
IperionX’s mission is to be the leading developer of low
Full details of the announcement can be found here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220826005092/en/
investorrelations@iperionx.com
+1 980 237 8900
www.iperionx.com
Source:
FAQ
What recent achievement did IperionX announce regarding titanium powder?
How does IperionX's production method compare to traditional processes?
What is the importance of the Inflation Reduction Act for IperionX?
What applications is the Ti-6Al-4V powder used for?