IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce that the Board of Directors of the Export-Import Bank of the United States (EXIM Bank) has approved an equipment finance loan of US$11.0 million (EXIM Loan). This loan will support the significant expansion of IperionX's advanced titanium manufacturing capabilities, subject to the completion and execution of definitive documentation.
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 Virginia.
This financing initiative is directly aligned with EXIM Bank's strategic objectives, notably the "Make More in America Initiative" and the "China and Transformational Exports Program," which aim to strengthen U.S. manufacturing capabilities, mitigate foreign supply chain vulnerabilities, and bolster economic resilience and national security.
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 the United States. Titanium is prized for its superior strength-to-weight ratio, exceptional corrosion resistance, and outstanding performance under extreme conditions, making it critical for advanced industries such as aerospace, defense, automotive, and healthcare. Currently, the U.S. is overwhelmingly reliant on foreign sources for primary titanium (sponge) and titanium minerals, creating significant economic and national security vulnerabilities.
Through its Advanced Manufacturing Center, IperionX is utilizing its patented technologies to produce high-value titanium products in Virginia, creating highly-skilled American manufacturing jobs and addressing critical supply chain gaps. The EXIM Loan directly supports IperionX’s mission to re-shore a low-cost, uninterruptable "All-American" titanium supply chain, essential for both national security and sustained economic growth.
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 the United States.
IperionX’s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, automotive and additive manufacturing.
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Contact details:
Anastasios (Taso) Arima, Founder and CEO
Toby Symonds, President
Dominic Allen, Chief Commercial Officer
Investors: [email protected]
Media: [email protected]
+1 980 237 8900
www.iperionx.com
