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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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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.