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IperionX posts June-quarter cash of US$35.2 million, targets 200 tpa titanium powder run-rate by end-2026

PUBT

Jul 30, 2026 at 07:33 AM

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IperionX reported US$35.2 million in cash for the June quarter, with operations running 24/7 despite temporary furnace downtime. The company targets a 200 tpa titanium powder run-rate by end-2026 and completed a DFS showing strong financial metrics. It raised approximately US$50 million via an ADS offering, bringing pro-forma cash to about US$84 million.

Quarter ended June 30, 2026: Virginia titanium powder operations ran ²⁴⁄₇; output reduced temporarily by furnace downtime, ramp-up cadence resumed. * Targeting run-rate capacity of about 200 tpa of titanium powder by end-2026; GenX continuous HAMR platform development continued. * Titan DFS completed in June: after-tax NPV8 USD 813 million; after-tax IRR 39.4%; payback 3.6 years; after-tax free cash flow USD 1.9 billion over 14 years. * Cash at June 30 was USD 35.2 million; remaining obligated reimbursable U.S. government funding totaled USD 37.1 million, including USD 2.9 million incurred-not-reimbursed. * Priced 2,275,000 ADSs at USD 21.98 for about USD 50 million gross; pro-forma cash about USD 84 million including a USD 2.4 million reimbursement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IperionX Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300830PRIMZONEFULLFEED9800683) on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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Quarter ended June 30, 2026: Virginia titanium powder operations ran ²⁴⁄₇; output reduced temporarily by furnace downtime, ramp-up cadence resumed. * Targeting run-rate capacity of about 200 tpa of titanium powder by end-2026; GenX continuous HAMR platform development continued. * Titan DFS completed in June: after-tax NPV8 USD 813 million; after-tax IRR 39.4%; payback 3.6 years; after-tax free cash flow USD 1.9 billion over 14 years. * Cash at June 30 was USD 35.2 million; remaining obligated reimbursable U.S. government funding totaled USD 37.1 million, including USD 2.9 million incurred-not-reimbursed. * Priced 2,275,000 ADSs at USD 21.98 for about USD 50 million gross; pro-forma cash about USD 84 million including a USD 2.4 million reimbursement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IperionX Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300830PRIMZONEFULLFEED9800683) on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)