News & Events zu Iperionx Ltd (IPX)IPXIperionx Ltd

IperionX Awarded $19.8 Million Contract by U.S. Army

IperionX announced that the U.S. Army has awarded Task Order 2 under the Small Business Innovation Research Phase III Indefinite Delivery, Indefinite Quantity contract for Low-Cost, Domestic Titanium for Defense Applications. IperionX's SBIR Phase III IDIQ contract enables qualifying U.S. Government agencies to place project-specific orders collectively capped at $99M. Task Orders 1 and 2 have an aggregate stated value of approximately $19.8M, with $79.2M remaining available under the IDIQ contract ceiling. Task Order W911QX26FA097 is firm-fixed-price and has a stated base value of $18.5M. Of this amount, $11.5M is currently funded and obligated. A further $6.9M of unexercised and unfunded options could increase the maximum potential task order value to $25.4M if exercised and funded at the U.S. Government's discretion. The SBIR funding supports equipment and manufacturing systems to expand IperionX's domestic titanium powder-to-part manufacturing capacity. The program will increase titanium component-processing capability, bring critical manufacturing steps in-house and support shorter lead times, providing the potential to lower acquisition and production costs for U.S. defense applications. The program advances integrated titanium powder-to-finished-component operations, with continuous HSPT and dehydride furnace capacity, together with equipment that will bring titanium fastener finishing fully in-house at IperionX's Virginia facility. The manufacturing program covers titanium track pins, bolts and fasteners for defense applications, with inspection and acceptance planned at Detroit Arsenal and Army Research Laboratory's Aberdeen Proving Ground.

IperionX Plans Redomiciliation to Texas, USA

IperionX intends to pursue a redomiciliation to the United States through the establishment of a Texas-incorporated ultimate parent company. IperionX is developing a domestic titanium supply chain designed to extend from titanium minerals and recycled feedstocks through titanium metal production to advanced manufactured products for defense and other strategically important U.S. industries.

IperionX Prices 2.275 Million ADS Public Offering, Raising Approximately $50 Million

IperionX announced the pricing of an underwritten public offering of 2,275,000 of its American Depositary Shares, with each ADS representing 10 of its ordinary shares, at a price per ADS to the public of $21.98, for aggregate gross proceeds of approximately $50 million, before deducting underwriting discounts, commission and estimated offering expenses payable by the Company. The Public Offering was led by U.S. institutional investors and is expected to close on July 9, 2026, subject to customary closing conditions. Cantor is acting as sole book-running manager for the Public Offering. Roth Capital Partners and B. Riley Securities are acting as co-managers for the Public Offering.