IperionX expands titanium technology portfolio

IperionX Limited (ASX:IPX) has successfully acquired the intellectual property portfolio of Blacksand Technology LLC. This acquisition grants IperionX exclusive rights to several innovative titanium technologies. These technologies promise to enhance titanium production with lower energy consumption and improved sustainability.

Strategic acquisition enhances sustainable titanium production

IperionX has acquired breakthrough titanium technologies from Blacksand Technology LLC, including Green Rutile™, ARH™, HAMR, and HSPT™. These technologies promise lower energy use, reduced emissions, and higher yields compared to traditional methods. The acquisition includes financial agreements and supports IperionX's ambitions to create an 'end-to-end' American titanium supply chain. The company is actively commercializing these technologies and aims to produce high-performance titanium products at its Virginia campus, marking a significant step in revolutionizing the titanium industry.

Executive commentary on technology acquisition

The acquisition of Blacksand's intellectual property portfolio is a significant milestone for IperionX. It allows us to enhance our sustainable titanium supply chain and offers our customers high-performance titanium products with reduced environmental impact.