IperionX Contract Execution Announcement

IperionX Limited (ASX:IPX) has executed a sourcing contract with Ford Motor Company for the supply of manufactured metal components. The 45-month contract, commencing in 2025, involves the supply of titanium metal powder and manufacturing components, with expected revenues of approximately US$11 million. The contract's timing and revenues are subject to Ford's annual volume estimates, final delivery schedule, and potential changes to component designs prior to production.

Executive Commentary on Contract Execution

IperionX aims to solidify its position as a leading American titanium metal and critical materials company through this strategic sourcing contract with Ford Motor Company. The contract underscores our commitment to leveraging patented metal technologies to produce high-performance titanium alloys, contributing to advanced U.S. industries such as space, aerospace, defense, consumer electronics, hydrogen, automotive, and additive manufacturing. We are dedicated to meeting Ford's requirements and look forward to a successful collaboration.

Summary of IperionX Contract Execution

IperionX Limited (ASX:IPX) has successfully secured a 45-month sourcing contract with Ford Motor Company, signaling a significant milestone in its pursuit of becoming a leading American titanium metal and critical materials company. The contract, expected to generate approximately US$11 million in revenues, highlights IperionX's focus on utilizing patented metal technologies to supply high-performance titanium alloys for various advanced U.S. industries. With a strong emphasis on meeting Ford's specifications, IperionX is poised to play a pivotal role in contributing to the automotive sector and other key industries. The company's ambitions to produce titanium alloys with lower energy, cost, and carbon emissions align with its broader corporate strategy of providing essential materials for critical U.S. sectors, positioning IperionX for continued growth and impact in the market.