IperionX Ltd - ADR

IperionX Ltd - ADR is an American Depositary Receipt representing shares of IperionX Limited, a titanium metal and critical materials company focused on developing sustainable U.S.-based supply chains for critical minerals. The company employs patented technologies, such as the HAMR process for hydrogen-assisted metallothermic reduction and HSPT for high-strength powder metallurgy, to produce high-performance titanium powders and end products from scrap titanium or minerals, achieving lower energy use and carbon emissions. It operates production facilities in Virginia for refining scrap into powders and advanced manufacturing of components, alongside a pilot facility in Utah. IperionX holds 100% interest in the Titan Project in Tennessee, a large mineral property rich in titanium, rare earth elements, zircon, and silica sand, supporting industries like aerospace, defense, consumer electronics, automotive, medical, and additive manufacturing. Incorporated in 2017 and headquartered in Charlotte, North Carolina, IperionX emphasizes closed-loop recycling and resource-efficient processes to enable cleaner titanium supply chains.