Iperionx and Aperam Recycling partner to create 100% recycled titanium supply chain
July 10, 2023
IperionX Limited, Charlotte, North Carolina, USA, and Aperam Recycling, through its American entity ELG Utica Alloys, have executed an agreement to create a low-carbon, 100% recycled titanium supply chain. It was stated that ELG will supply clean titanium scrap metal and IperionX will use its patented titanium processing technologies to produce low-carbon titanium metal for a more sustainable and fully circular supply chain.
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.
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To ensure a more affordable and sustainable domestic manufacturing sector, the US reportedly needs to re-shore low carbon titanium production, unlock new sources of titanium materials and close the loop of the supply chain by recycling more titanium metal. Higher levels of titanium recycling can reduce costs, lower carbon emissions and mitigate supply chain shortages.
The agreement between IperionX and ELG aims to use scrap titanium feedstocks from manufacturing waste and end-of-life titanium metal products, in order to re-shore advanced low-carbon titanium metal production and create a more sustainable, 100% recycled US titanium supply chain.
Carsten Becker, ELG Utica Alloys CEO, shared, “We are happy to announce our new partnership with IperionX, further growing the circular economy for titanium in the US. 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 US titanium supply chain. 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,” Anastasios (Taso) Arima, IperionX CEO, added.
