IperionX aims to disrupt titanium markets with innovative technologies, securing US supply chains and targeting significant growth despite current lack of revenue. Successful pilot projects and strategic acquisitions position IperionX for rapid scaling, with potential government funding and defense sector partnerships as key growth catalysts. Financially robust with $77.1 million in cash, IperionX is expected to generate substantial revenue by 2026, making it a promising long-term investment.
Shares of IperionX Ltd (IPX, Financial) surged 3.90% in mid-day trading on Oct 2. The stock reached an intraday high of $23.74, before settling at $23.57, up from its previous close of $22.68.