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Press release

IperionX and SLM Solutions announce MOU

14/03/2023

Press releaseIssued by IperionX Limited.

perionX Limited, a leading provider of sustainable titanium technologies, is pleased to announce the signing of a non-binding memorandum of understanding (MOU) with SLM Solutions Group AG, a global leader in metal additive manufacturing systems, for the potential supply of spherical titanium metal powders from IperionX's planned Titanium Demonstration Facility in Virginia to SLM.

SLM is a leading international provider of metal 3D printing solutions serving customers with an installed base of over 850 systems and 1,400 lasers globally, having invented selective laser melting and pioneered metal additive manufacturing using metal powders via the Laser Powder Bed Fusion additive manufacturing modality.

This MOU with two leading metal AM technology companies could offer the first 100% recycled titanium metal powders to SLM's extensive global customer base. IperionX's unique titanium technologies allow the production of high-quality titanium powders from 100% recycled titanium feedstocks and significantly reduce the carbon footprint and environmental impact of titanium.

Anastasios Arima, co-founder and CEO of IperionX said: "We are pleased to be partnering with SLM, a global leader in metal 3D printing solutions. This agreement recognizes the value of sustainable, 100% recycled titanium metal powders for leading companies and will be a unique titanium powder offering for SLM's global customers.”

Sam O'Leary, CEO of SLM said: β€œThe partnership between IperionX and SLM Solutions is a real plus for SLM users and expands their material portfolio with recycled low-cost titanium material. We look forward to offer the only 100% recycled titanium metal powder as part of our extensive materials offering.”

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