IperionX Releases Life Cycle Assessment of 100% Recycled Titanium Powder
IperionX Limited has released a life cycle assessment (LCA) affirming the viability of its patented low carbon titanium metal powder production using 100% recycled materials. The assessment reveals a potential carbon footprint of just 7.8 kg CO2e per kg of titanium powder from its planned facility in Virginia, significantly lower than that of traditional titanium production methods. This positions IperionX's technology as the most sustainable option in the market. Conducted by EarthShift Global, the LCA adheres to ISO standards and highlights IperionX's leadership in the industry by providing a commercially viable circular titanium supply chain. This development is expected to attract interest from sectors eager for low carbon, cost-effective titanium solutions.
- Life cycle assessment confirms a carbon footprint of only 7.8 kg CO2e/kg for titanium powder, over 90% lower than competitors.
- Positions IperionX as a leader in sustainable titanium production with the lowest carbon footprint in the market.
- The LCA supports the use of 100% recycled materials, catering to industries seeking low carbon solutions.
- None.
CONFIRMS POTENTIAL FOR MARKET-LEADING LOW-
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IperionX has completed a life cycle assessment (“LCA”) for the production of100% recycled, lowcarbon titanium metal using its patented technologies.
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The LCA highlights that titanium powder from IperionX’s planned Titanium Demonstration Facility in
Virginia ,U.S. has the potential for a life cyclecarbon footprint of just 7.8 kg ofcarbon dioxide equivalents (“CO2e”) per kg.
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This estimated
carbon footprint is over90% lower than competing titanium powders from plasma atomization,80% lower than from titanium ingot produced from the Kroll process, more than50% lower than aluminum ingot and near equal to stainless steel (refer to Figure 1).
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The LCA confirms the class-leading sustainability of IperionX’s titanium technologies, with the lowest quantified life cycle
carbon footprint for titanium powders in the market today, and represents the first known critically-reviewed, ISO-compliant LCA focused on titanium metal powder.
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The LCA is an important step in validating IperionX’s patented titanium technologies, which provide the only commercially available fully circular, low-
carbon titanium using100% recycled titanium scrap as feedstock.
- The LCA was conducted by EarthShift Global, an independent expert LCA consultancy, and adhered to international environmental management standards of ISO 14040 and 14044, including independent third-party critical review.
Figure 1. Comparison of HAMR-GSD Ti powder LCA results to other published LCA studies (Graphic: Business Wire)
IperionX’s LCA, titled “Life Cycle Assessment of
Titanium metal produced by the current “Kroll Process” is high
The LCA confirms the compelling sustainability advantages for companies that design and manufacture products with
The LCA was conducted by EarthShift Global, an independent expert LCA consultancy, in compliance with international environmental management standards of ISO 14040 and 14044, and included independent third-party critical review.
Dr.
“IperionX has shown a commitment to using the results of the anticipatory life cycle analysis of their recycled titanium powder process to focus on ways to perform better on environmental metrics, especially related to climate change. It is fulfilling to work with a company who utilized the results of the LCA study to immediately improve upon their process, even before the LCA study was fully complete. By publicly releasing their critically-reviewed LCA on metal powders used for additive manufacturing,
“We are very pleased to release the critically-reviewed LCA results of our
About EarthShift Global
EarthShift Global helps top-level executives, front-line practitioners, academic researchers and policymakers worldwide achieve their objectives by providing life cycle oriented software, consulting services, and training that de-mystify the path to sustainability. EarthShift Global’s proven approach emphasizes engagement, adaptability, and credible, measurable results, and the incorporation of performance-enhancing sustainable thinking (including life cycle assessment, or LCA) into everyday business decisions.
About
IperionX’s mission is to be the leading developer of low
Forward Looking Statements
Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.
Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, and achievements to differ materially from any future results, performance, or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves, the Company’s ability to comply with the relevant contractual terms to access the technologies, commercially scale its closed-loop titanium production processes, or protect its intellectual property rights, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.
Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.
Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements, or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.
A link to the original announcement can be found here.
A summary of the LCA on IperionX’s recycled titanium powder to be produced at the TDF is available via IperionX’s website: http://iperionx.com/lca/
iSource for Stainless Steel ingot emissions, assuming |
View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005405/en/
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