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Australia's IperionX hits three-month high on US titanium contract

ReutersJan 22, 2026 12:41 AM

Shares of Australia's IperionX IPX.AX rise as much as 7% to A$7.9, their highest level since October 22

Titanium alloys producer says it received $0.3 million prototype purchase order from American Rheinmetall

Contract for production of 700 lightweight titanium components for U.S. Army heavy ground combat systems

Stock rose 1.8% in 2025, up 38.3% YTD

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