IperionX gets development permits for rare earth Titan Project in Tennessee

IperionX Limited announces that it has received key development permits for the Titan Project in Tennessee. The Titan Project is the largest JORC-compliant resource of titanium and rare earth rich mineral sands in the U.S. and represents a cornerstone asset for IperionX’s plans to re-shore a strong and sustainable domestic supply chain for titanium metal. The major development permits include the National Pollutant Discharge Elimination System NPDES Permit and Surface Mining Permit, which have now been issued by the Tennessee Department of Environment & Conservation. Any residual regulatory requirements for the development of the Titan Project are expected to be complete by the end of the yearent, and education on the sustainable development of the Titan Project, resulting in strong community support. The Titan Project is one of the most advanced critical mineral projects in the U.S. that is fundamental to underpin the supply chain security of titanium and rare earths needed for the defense, electric vehicle & renewable energy industries. To meet the increasing demand for sustainable and lower cost titanium metal, IperionX plans to re-shore a sustainable U.S. titanium mineral to titanium metal supply chain, and close the loop of this supply chain by recycling titanium metal…”Successfully securing these key permits for the Titan Project – North America’s largest deposit of titanium and rare earth critical minerals – is an important milestone in our plan to re-shore critical material supply chains, with our key focus on building a sustainable and low cost titanium mineral to metal supply chain. The IperionX team have done an outstanding job in progressing from mineral discovery to the grant of key permits in just three years, and we appreciate the significant support from our stakeholders in our Tennessee community with who we are committed to developing a world class operation that can play a key role in sustainably re-shoring American jobs and advanced industry.”