IperionX Shares Rise 7.5% After US Army Titanium Component Contract
DEFENSE
IperionX shares rose 7.5% following an order from American Rheinmetall to produce lightweight titanium components for the US Army's heavy ground combat vehicles, marking a five-day rally of over 15%. The company aims to establish a low-carbon titanium supply chain and is developing titanium metal powders for advanced industries. Analysts highlight the potential for further growth opportunities linked to the contract and emphasize the undervalued Titan mine as crucial for IperionX's future.

Jan 24, 2026, 6:05 AM