IperionX and United Stars partner in titanium supply for advanced technologies
April 15, 2024
IperionX Limited, based in Charlotte, North Carolina, USA, has signed a framework agreement with United Stars Holdings Inc, Beloit, Wisconsin, for a definitive commercial supply agreement for IperionX’s titanium products. United Stars expects to purchase up to 80 metric tons annually of IperionX’s titanium products over a ten-year supply term.
United Stars and IperionX’s partnership will focus on the defence and advanced technology sectors with products for vehicle drivetrains, robotic motors and wind turbines, that require lightweight, strong, compact and corrosion-resistant performance.
IperionX is working to build an ‘end-to-end’ American titanium supply chain solution, that spans from the production of US sourced titanium minerals, advanced technology to refine these minerals to +99% TiO2, and the capability to utilise a large range of recycled scrap titanium to produce low-cost, high-performance titanium alloys.
“Titanium is a superior metal for a majority of use cases and ever since the US became 100% import reliant on titanium metal sponge from foreign sources in 2020 I have been searching for a US company with the ability to economically and securely re-shore an integrated supply chain for titanium,” stated Roger West, United Stars chairman and CEO. “This relationship will prove incredibly valuable for my portfolio of companies and I’m also proud to play a role in supporting the interests of US national security. Taso Arima’s vision to re-shore the US titanium supply chain, combined with the team that he has assembled, makes IperionX an organisation that I am pleased to partner with.”
Anastasios (Taso) Arima, IperionX CEO stated, “IperionX is pleased to partner with Roger West and his team at United Stars to manufacture advanced titanium products for the defence and commercial sectors. United Stars, a leading American supplier of precision gears, shafts, and complex assemblies, is a strong commercial partner to manufacture advanced titanium components for their global customers across the automotive, defence, oil & gas, construction, mining, locomotive and agriculture sectors. United Stars are aligned with our mission to re-build an integrated ‘end-to-end’ US titanium supply chain and strengthen America’s manufacturing independence.”
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