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Immediate Release

DOD Awards $12.7 Million to Increase Titanium Powder Production for Defense Supply Chains

The Department of Defense today announced award of $12.7 million via the Defense Production Act Investment (DPAI) Program to IperionX Technology, LLC to increase titanium powder production for defense supply chains.

"Robust and resilient defense supply chains are critical to the Warfighting capability of the United States," said Dr. Laura Taylor-Kale, Assistant Secretary of Defense for Industrial Base Policy. "Domestic titanium production is a top priority for the DoD's industrial base programs."

The award is to commission and scale up IperionX's facility in Virginia to a demonstration plant, increasing the company's titanium powder production to 125 metric tons (MT) annually. IperionX's goal is to produce 10,000 MT of titanium metal powder per year within five years. The company produces titanium alloys from either titanium minerals or 100% recycled material.

To date in calendar year 2023, the DPAI Program has made 21 awards totaling $674 million. DPAI is overseen by the ASD(IBP)'s Manufacturing Capability Expansion and Investment Program (MCEIP), in the Office of the Deputy Assistant Secretary of Defense for Industrial Base Resilience. For more information on MCEIP, please visit:

About the Office of the Assistant Secretary of Defense for Industrial Base Policy (OASD (IBP):

The OASD IBP works with domestic and international partners to forge and sustain a robust, secure, and resilient industrial base enabling the warfighter, now and in the future.