IperionX Limited was originally incorporated in Western Australia on May 5, 2017. The company has the exclusive option to acquire titanium processing technology, which has the potential to develop a mineral-to-metal, low-carbon, cost-competitive, high-quality titanium supply chain, and is rapidly working to expand its titanium metal production. The company's current focus is on the commercialization of these technologies to re-support the supply chain of titanium and other key minerals in North America. To facilitate the commercialization of these technologies, the Company has acquired a potentially large source of titanium and other key minerals (including rare earth elements) in Tennessee.