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US defence dept awards IperionX $12.7M grant to advance domestic titanium manufacturing

ASX-listed IperionX has been awarded a $12.7 million grant by the US Department of Defence to help address critical vulnerabilities within the US titanium supply chain, which is of utmost importance for national security.
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.