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IperionX Limited (ASX:IPX)

ALERT: Price-sensitive ASX Announcement for IPX
Current share price for IPX : $3.280 0.19 (6.15%)+
Announcement
Release
30 Jul 2026 9:18AM
Price at Release
$3.090
Full Release
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Summary
The June 2026 Quarterly Report for IperionX Limited highlights significant progress in both titanium manufacturing and critical mineral operations. The company reported a cash balance of US$35.2 million at quarter-end, with a pro-forma cash position of US$84 million following a public offering and government program reimbursements. IperionX has continued to develop its Virginia manufacturing campus and the Atlas-Titan critical minerals platform, supported by U.S. Government programs. Key activities included scale-up of titanium powder production, expansion of press-and-sinter capabilities, and receipt of new defense-related purchase orders, all while maintaining a focus on R&D for next-generation technologies like GenX™.
Key Points
  • IperionX reported a cash balance of US$35.2 million at June 30, 2026.
  • The pro-forma cash position was US$84 million following capital raising and reimbursements.
  • Titanium manufacturing operations in Virginia continued on a 24/7 schedule.
  • IperionX is scaling titanium powder production to 1,400 tpa with government support.
  • Expansion includes advanced powder metallurgy and additive manufacturing capabilities.
  • Development of the Atlas-Titan critical minerals platform in Tennessee is ongoing.
  • The U.S. Government has provided significant support, including grants and material transfers.
  • R&D on GenX™ continuous HAMR™ platform is advancing.
  • New orders for defense-related titanium components were received.
  • The company completed a US$50 million public offering for further expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.