In connection with any filings under the U.S. Securities Act of 1933 (as amended, the “Securities Act”) or U.S. Exchange Act of 1934 (as amended, the “Exchange Act”) report and any amendment, supplement, or exhibit thereto, Marshall Miller & Associates, Inc. consents to:

The filing and use of the Technical Report Summary titled “[Titan Project - Technical Report Summary on Feasibility Study]” (the “TRS”) with an effective date on or about June 4, 2026;

The use of Marshall Miller & Associates, Inc.’s name in connection with the TRS, including identification of such firm’s status as an expert or Qualified Person (as defined in Subpart 1300 of Regulation S-K promulgated by the Securities and Exchange Commission); and

The use of the information derived, summarized, quoted or reference from the TRS, or portions thereof, that were prepared by Marshall Miller & Associates, Inc., that Marshall Miller & Associates, Inc. supervised the preparation of and/or that was reviewed or approved by Marshall Miller & Associates, Inc., that is reported or incorporated by reference into a Securities Act filing, including any registration statement or post-effective amendment filed pursuant to Rule 462(b) or Rule 462(e) under the Securities Act.

I have read and understood the requirements of the Regulation S-K 1300 Modernization of Property Disclosures.

Marshall Miller & Associates, Inc. meets the definition of a “Qualified Person” as defined by Regulation S-K, and to the activity for which our firm is accepting responsibility.

I have reviewed the TRS to which this Consent Statement applies.

I am an authorized representative and an employee of Marshall Miller & Associates, Inc. and have been engaged by IperionX to prepare the documentation for the Titan Project on which the TRS is based, for the period ending on or about June 4, 2026.

Section 1 - Executive Summary

Section 2 - Introduction

Section 3 - Property Description

Section 4 - Accessibility, Climate, Local Resources, Infrastructure and Physiography

Section 5 - History

Section 6 - Geological Setting, Mineralization, and Deposit

Section 7 - Exploration

Section 8 - Sample Preparation, Analyses, and Security

Section 9 - Data Verification

Section 11 - Mineral Resource Estimates

Section 12 - Mineral Reserve Estimates

Section 13 - Mining Methods

Section 15 - Infrastructure

Section 16 - Market Studies

Section 17 - Environmental Studies, Permitting, and Plans, Negotiations, or Agreements with Local individuals or Groups

Section 18 - Capital and Operating Costs

Section 20 - Adjacent Properties

Section 21 - Other Relevant Data and Information

Section 22 - Interpretation and Conclusions

Section 23 - Recommendations

Section 24 - References

Section 25 - Reliance on Information Provided by the Registrant

The Reporting Company’s Reports filed under the Securities Act and Exchange Act for the next 12 months;

The Reporting Company’s Investor Presentations for the next 12 months;

The Reporting Company’s future press releases for the next 12 months, until such time that the TRS is superseded or this consent is otherwise withdrawn;

The Reporting Company’s exhibition booths at any conferences for the next 12 months; and

Any other releases, presentations and promotional material made by the Reporting Company during the next 12 months, until such time that the mineral resource estimate and mineral reserve estimate included in the TRS is superseded or this consent is otherwise withdrawn.