IperionX posts quarterly report and production updates
· IperionX reported continuous 24/7 titanium powder production and completed site acceptance for its 300-ton powder metallurgy press in Virginia.
· The company experienced regular operational cycles while managing temporary furnace downtime that did not affect downstream activities.
· The company stated that it aims to reach a run-rate capacity of approximately 200 tonnes per annum of titanium powder by the end of 2026.
IperionX (ASX:IPX) reported continuous 24/7 titanium powder operations alongside the successful site acceptance of a new 300-ton powder metallurgy press in Virginia.
Production volumes during the quarter were temporarily reduced due to routine furnace maintenance and downtime before returning to their regular ramp-up cadence.
The company stated that its technology continues to consistently meet or exceed grade 5 quality parameters.
The business continues to target an approximate 200 tons per annum run-rate production capacity by the end of 2026, subject to successful operating optimisation.
Following the announcement, the IperionX share price was down at $2.86.
The company focuses on advanced titanium product manufacturing across multiple customer programmes, including automotive components for Ford (NYSE:F) and components for the U.S. Army.
Recent operational steps also included receiving an additional U.S. Army purchase order to manufacture prototype titanium fasteners for the Joint Light Tactical Vehicle and associated trailer.
