IperionX and Aperam Expand Titanium Partnership

Aperam

IperionX, a US-based titanium manufacturer, and Aperam, a Luxembourg-based specialty metals producer operating through its US subsidiary, are intensifying efforts to establish a closed-loop domestic supply chain for titanium.

In a recent agreement, Aperam's ELG Utica Alloys will supply IperionX with 12 metric tonnes of titanium scrap sourced from consumer electronics and technology hardware sectors. IperionX will meticulously qualify the scrap, providing ELG with comprehensive reports on its quality and material properties.

As part of the trial program's initial phase, IperionX will convert 1 ton of titanium scrap into titanium powder, subsequently using the powder to produce various semi-finished products, including near-net shapes, in the second phase. The remaining 11 tonnes will be securely stored for future use, contingent upon a forthcoming agreement. Without such an agreement, IperionX will return the scrap to ELG.

After each trial phase's completion, IperionX will invoice ELG $150,000. The agreement is set to remain in effect until June 30, 2026, unless terminated by either party.

This collaboration builds upon their initial agreement in July 2023, wherein ELG supplied 10 tonnes of titanium scrap to IperionX for $60,000. Concurrently, discussions commenced for a comprehensive, long-term supply and processing arrangement. ELG proposed to provide IperionX with 12 tonnes of titanium scrap monthly, while acting as a toll processor for titanium scrap sourced independently by IperionX.