IperionX has partnered with Aperam Recycling’s American entity, ELG Utica Alloys, to establish a low-carbon, 100-per cent recycled titanium supply chain.
The partnership will focus on recycling clean titanium scrap metal provided by ELG, processed by IperionX’s patented titanium processing technologies, contributing to a sustainable and fully circular supply chain.
The agreement between the two companies seeks to use scram titanium feedstocks from manufacturing waste and end-of-life titanium metals to reshore advanced low-carbon titanium metal production and create a more sustainable fully-recycled US titanium supply chain.
“We are pleased to partner with ELG to advance a more sustainable 100% recycled U.S. titanium supply chain. This agreement with ELG provides the potential to unlock a secure, long-term supply of scrap titanium feedstock to create value for our customers with a lower cost, low-carbon, titanium supply chain for advanced American manufacturing,” said Anastasios Arima, chief executive officer of IperionX.
ELG is a global specialist in sourcing and processing titanium, stainless steel, and superalloys, currently handling over 1 million tonnes of metal per annum.
Titanium metal is typically sourced over extensive distances from high-carbon supply chains, often accompanied by traceability issues. Establishing a large supply of titanium scrap metal from domestic manufacturing results in a downcycle to the ferrotitanium market.
In a media release, IperionX explained that reshoring low-carbon titanium production, unlocking new titanium sources, and enhancing recycling efforts will establish a more affordable, sustainable domestic manufacturing sector in the United States, reduce costs, lower carbon emissions, and alleviate supply chain shortages.
“We are happy to announce our new partnership with IperionX, further growing the circular economy for titanium in the U.S. This agreement with IperionX enables us to ensure that even more titanium material is recycled and stays in a closed loop, overall reducing carbon emissions and further driving Aperam’s sustainability efforts,” said Carsten Becker, CEO of ELG Utica Alloys.
