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Australia's Iperionx rises on plans to expand titanium production in US

ReutersJul 23, 2025 5:53 AM

Iperionx IPX.AX rises as much as 5.6% to A$5.60, highest since January 7

Mineral explorer raises A$70 mln (~$46 mln) via placement to accelerate U.S. titanium production expansion by fast-track ordering of long-lead capital items, others

Around 2 mln shares traded, 1.3x the 30-day avg

YTD, IPX down ~1.6%

($1 = A$1.5230)

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