IperionX Soars 12.28% on US$70M Funding for Titanium Expansion

On July 24, 2025, IperionX surged 12.28% in pre-market trading, reflecting significant investor interest and confidence in the company's recent developments.

IperionX has secured A$70 million (approximately US$46 million) through a placement of 14 million new shares. This funding will accelerate the expansion of its titanium production in the U.S., aiming to meet the growing demand for a reliable domestic source of titanium, particularly for defense and aerospace applications. The company is also working with the U.S. Department of Defense to finalize equipment profiles, potentially unlocking an additional US$42.1 million in funding.

As of June 30, 2025, IperionX held US$54.8 million in cash, placing the company in a strong financial position. This financial strength, combined with the recent funding, positions IperionX to order long-lead capital items and shorten the construction schedule for scaling up production capacity. The strategic expansion enhances IperionX’s position in the titanium market and supports the reshoring of domestic titanium production capabilities, reducing reliance on imports.