Skip to content
Finance Investment, Oil Mining Resources

IPERIONX TO PRODUCE TITANIUM COMPONENTS FOR FORD MOTOR COMPANY

IperionX Limited (NASDAQ:IPX, ASX: IPX) 2 mins read
  • Media:

IperionX Limited (NASDAQ:IPX, ASX: IPX) has agreed a Scope of Work (“SoW”) for the supply of titanium metal components for Ford Motor Company (“Ford”, NYSE: F) using IperionX’s unique 100% recycled, low-carbon titanium metal. Ford and IperionX have been actively collaborating to design, test and additively manufacture a series of high-quality titanium components for future Ford Performance production vehicles.

Ford Performance is the high-performance and racing division of the Ford Motor Company, well known for a leading range of performance cars such as the F150 Raptor, Bronco Raptor, Mustang Mach 1 and the Shelby GT500. Ford aims to be the only manufacturer competing in Formula 1, Le Mans 24 Hours with Mustang GT3, WRC with the MSport Ford Puma Hybrid Rally1, Baja 1000 with Ranger Raptor and Bronco, and NASCAR and Supercars with Mustang.

This Ford SoW follows a detailed program of quality and strength testing of IperionX’s low-carbon, circular titanium metal. Ford’s Sustainability and Advanced Materials divisions undertook a range of testing procedures, verifying that IperionX’s titanium surpassed the required parameters set under ASTM International standards.

The titanium components are set to undergo a comprehensive “finishing study” to assess a range of potential surface finish of parts. The insights gained from this SoW will guide the final design, and unit costs, for a range of low-carbon titanium components for Ford Performance production vehicles.

Automotive parts made with titanium are notable for superior strength-to-weight ratios, high levels of corrosion resistance, outstanding durability and – unique to IperionX’s technologies – can be sustainably recycled at the end of the product life. IperionX’s proprietary technologies can unlock significant sustainability benefits that are critical for a low-carbon, fully circular titanium automotive supply chain – attributes that can’t be achieved with any other known commercial titanium production process.

Ford recently joined the First Movers Coalition, a global initiative to harness the purchasing power and supply chains for innovative clean industrial materials technologies. The First Movers Coalition leverages the collective purchasing power from the 50+ foundation companies - that includes Volvo, Airbus, Apple, Amazon and Microsoft - to send a clear demand signal necessary to scale-up critical emerging technologies essential for the net-zero transition.

Anastasios (Taso) Arima, IperionX CEO said:

“Ford has a commitment to achieve carbon neutrality by 2050. We are proud to partner with Ford to accelerate the deployment of a sustainable, circular titanium supply chain for the global automotive market.

Our low-carbon titanium metal is uniquely made with 100% recycled titanium and can significantly improve automotive supply chains by using high-strength titanium components with nearly half the weight of steel.

IperionX is re-shoring a lower cost and more sustainable U.S. titanium supply chain – shifting from a linear supply chain to a lower carbon, circular titanium supply chain – recycling titanium scrap to manufacture low carbon, high performance titanium components. We are pleased that Ford has partnered with us to improve automotive supply chains and scale our low-carbon, circular, titanium business.”

This announcement has been authorized for release by the CEO and Managing Director.

Media

Attachments

Download media

More from this category

  • Finance Investment
  • 17/03/2025
  • 23:10
SEALMINER

Bitdeer Launches SEALMINER A2 Pro Bitcoin Mining Machines

Achieves Power Efficiency Ratio of 14.9J/THSINGAPORE, March 17, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR), a world-leading technology company for blockchain and high performance computing, today announced the launch of its latest self-developed Bitcoin mining machines, the SEALMINER A2 Pro series.As the updated version of the SEALMINER A2, the A2 Pro series includes two models: the air-cooling SEALMINER A2 Pro Air and the hydro-cooling SEALMINER A2 Pro Hyd. Both deliver a record-breaking power efficiency ratio of 14.9 J/TH, offering higher efficiency ratios, advanced technologies, and enhanced stability.Key specifications for both models:SEALMINER A2 Pro Air: Power Efficiency Ratio of…

  • Finance Investment
  • 17/03/2025
  • 15:10
Bitget Limited

Bitget Features in UCLA Professor Alex Nascimento’s Book on Blockchain and STOs

VICTORIA, Seychelles, March 17, 2025 (GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has been featured in the fourth edition of The STO Financial Revolution by Alex Nascimento, leading blockchain researcher and professor at UCLA. The book provides a comprehensive understanding of blockchain, crypto, and Web3 technologies, offering practical insights into compliant fundraising and real-world use cases for businesses and investors.Developed in collaboration with industry experts, this edition showcases case studies from leading organizations, including Bitget, DWF Labs, UNICEF, BTG Pactual, and Polymath. It highlights key developments in the blockchain sector and shows how blockchain solutions are…

  • Business Company News, Finance Investment
  • 17/03/2025
  • 12:31
Adisyn Ltd (ASX: AI1)

Global semi-conductor leader Kevin Crofton appointed Chairman & successful tech entrepreneur Dominic O’Hanlon joins AI1 Board

Adisyn Ltd (ASX: AI1) (“Adisyn” or the “Company”) is pleased to advise that following theannouncement of a leadership transition plantheCompany has completed two significant…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.