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PRESS RELEASE
| NASDAQ: IPX | ASX: IPX
June 1, 2026
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Independent, third-party product-level validation: Testing completed by the U.S. Army Combat Capabilities Development Command (DEVCOM) Ground Vehicle Systems Center (GVSC)
and Westmoreland Mechanical Testing & Research (WMTR) validates the performance of IperionX titanium fasteners manufactured with advanced patented titanium technologies
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Torque-to-yield performance above Grade 8 steel: IperionX 3/4-10 x 3.0-inch titanium Ti-6Al-4V fasteners demonstrated yield torque of 563 to 615 ft-lbf in U.S. Army DEVCOM
GVSC testing, compared with approximately 480 to 502 ft-lbf for SAE Grade 8 steel fasteners. Based on the midpoint, the IperionX result was nearly 20% above the high-strength Grade 8 steel benchmark
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Lighter, stronger titanium fasteners with repeatability: Across independent 3/8-16 x 1.0-inch testing, IperionX titanium fasteners achieved average yield torque greater than
high-strength Grade 8 steel fasteners, with three of five titanium fasteners not yielding at the U.S. Army strength test protocol limit
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Independent tensile results exceed aerospace-grade titanium benchmarks: WMTR tensile testing under ASTM F606/F606M-25a on IperionX 3/4-10 titanium fasteners, confirmed 135
to 137 ksi yield strength and 149 to 152 ksi ultimate tensile strength - ~15% above the industry standard for aerospace-grade titanium fasteners
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Fully domestic, secure U.S. titanium supply chain: The results support IperionX's patented manufacturing technologies for high-value, performance-critical finished titanium
components for defense, aerospace, marine and advanced industrial applications
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Virginia
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Tennessee
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Utah
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1092 Confroy Drive
South Boston, VA 24592
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279 West Main Street
Camden, TN 38320
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1782 W 2300 S
West Valley City, UT 84119
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IperionX Limited ABN 84 618 935 372
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Fastener Type
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Typical min.
yield strength (ksi)
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Typical min.
ultimate tensile strength (ksi)
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ASTM F468 Grade 5 Titanium Fasteners
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120-130
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130
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SAE Grade 8 Steel Fasteners
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130
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150
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IperionX Titanium Fastener Test Results
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135-137
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149-152
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Fastener Type
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Typical min. torque yield point (Ft.lbf)
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SAE Grade 8 Steel Fasteners
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478
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IperionX Titanium Fastener Test Results
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563-615
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Forward Looking Statements
Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by
the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies
and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.
Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results,
performance, and achievements to differ materially from any future results, performance, or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general
economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of
reserves, the Company’s ability to comply with the relevant contractual terms to access the technologies, commercially scale its closed-loop titanium production processes, or protect its intellectual property rights, political and social
risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues
and litigation.
Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other
relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or
that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.
Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed
in forward looking statements, there may be other factors that could cause actual results, performance, achievements, or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the
Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law
or any relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or
circumstances on which any such statement is based.
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