IperionX and Aperam Recycling Partner on Sustainability

IperionX Limited and Aperam Recycling through its American entity ELG Utica Alloys have executed an agreement to create a low-carbon 100% recycled titanium supply chain. ELG will supply clean titanium scrap metal and IperionX will use its titanium processing technologies to produce low-carbon titanium metal for a more sustainable and fully circular supply chain.

Aperam specializes in stainless, electrical and specialty steel and recycling. The business is organized in four primary reportable segments: Stainless and Electrical Steel, Services & Solutions, Alloys & Specialties and Recycling & Renewables.

ELG—part of Aperam Recycling—is a global specialist in sourcing and processing titanium, stainless steel and super alloys and currently processes more than 1 million metric tonnes of metal p.a.

Titanium metal is currently sourced over long distances from high carbon supply chains with traceability issues. Domestic manufacturing of titanium components generates a large amount of titanium scrap metal in the form of cuttings and turnings which are typically downcycled to the ferrotitanium market.

This agreement between IperionX and ELG will use scrap titanium feedstocks from manufacturing waste and end-of-life titanium metal products, to reshore advanced low-carbon titanium metal production and create a more sustainable, 100% recycled U.S. titanium supply chain, the companies report.

“We are happy to announce our new partnership with IperionX, further growing the circular economy for titanium in the U.S.," says Carsten Becker, ELG Utica Alloys CEO. "This agreement with IperionX enables us to ensure that even more titanium material is recycled and stays in a closed loop, overall reducing carbon emissions and further driving Aperam’s sustainability efforts.”

“We are pleased to partner with ELG to advance a more sustainable 100% recycled U.S. titanium supply chain," says Anastasios (Taso) Arima, IperionX CEO. "This agreement with ELG provides the potential to unlock a secure, long term supply of scrap titanium feedstock to create value for our customers with a lower cost, low-carbon, titanium supply chain for advanced American manufacturing.”

About IperionX

IperionX develops low carbon titanium for advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX holds an exclusive option to acquire breakthrough titanium technologies that can produce titanium products that are low carbon and fully circular. IperionX is producing titanium metal powders from titanium scrap at its operational pilot facility in Utah, and intends to scale production at a Titanium Demonstration Facility in Virginia. IperionX holds a 100% interest in the Titan Project, which has the largest JORC-compliant resource of titanium, rare earth and zircon rich mineral sands in the United States.

Sources: Press materials received from the company and additional information gleaned from the company’s website.