IperionX Receives U.S. EXIM Bank Board Approval for a $11M Loan to Produce “All-American” Titanium Products
The EXIM Loan will finance the acquisition of state-of-the-art manufacturing equipment, including advanced additive manufacturing systems and precision machining tools. These manufacturing assets will enhance the IperionX's capabilities to produce a broad array of high-performance titanium components, leveraging proprietary and patented technologies at its Advanced Manufacturing Center in
This financing initiative is directly aligned with EXIM Bank's strategic objectives, notably the "Make More in America Initiative" and the "
The EXIM Loan provides IperionX with a low-cost, non-dilutive funding pathway to further scale its advanced materials and additive manufacturing capabilities, and underpin a fully integrated, end-to-end titanium supply chain within
Through its Advanced Manufacturing Center, IperionX is utilizing its patented technologies to produce high-value titanium products in
The proposed EXIM Loan remains subject to the agreement and execution of binding documentation. Terms and conditions of the EXIM Loan will be released upon the future execution of definitive documentation.
About IperionX
IperionX is a leading American titanium metal and critical materials company – using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy, cost and carbon emissions.
Our Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth and zircon minerals sands in
IperionX’s titanium metal and critical minerals are essential for advanced
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Anastasios (Taso) Arima, Founder and CEO
Toby Symonds, President
Dominic Allen, Chief Commercial Officer
Investors: investorrelations@iperionx.com
Media: media@iperionx.com
+1 980 237 8900
www.iperionx.com
Source: IperionX Limited