IperionX receives $12.5M U.S. govt funding for expansion of U.S. titanium production

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IperionX (NASDAQ:IPX) said on Tuesday that the U.S. Department of Defense has obligated $12.5M under IperionX’s previously announced $47.1M award for the U.S. Defense Industrial Base.
The $12.5M will be applied to purchase orders for long-lead, major capital equipment required for the