IperionX Receives Final $4.6 Million U.S. Government Funding for Titanium Production Expansion
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IperionX Ltd. has secured the final $4.6 million from the U.S. Department of War, completing a total of $47.1 million in funding. This will enhance titanium production at its Virginia facility, targeting an output of 1,400 metric tons annually. Additionally, the U.S. Government provided 290 metric tons of titanium scrap metal at no cost, sufficient for 1.5 years of production at full capacity.
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