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 initial phase of the trial program, IperionX will convert 1 ton of titanium scrap into titanium powder. This powder will then be used in the second phase to produce various semi-finished products, including near-net shapes. 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.
Upon completion of each trial phase, IperionX will invoice ELG $150,000. The agreement remains effective until June 30, 2026, unless terminated by either party.
This collaboration builds on their initial agreement from July 2023, when ELG supplied 10 tonnes of titanium scrap to IperionX for $60,000. At the same time, discussions began 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 independently sourced by IperionX.
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