IperionX and Aperam Recycling to create 100% recycled titanium supply chain

IperionX (ASX:IPX) and Aperam Recycling, through its American entity ELG Utica Alloys, are partnering up to create a low-carbon 100% recycled titanium supply chain.

ELG will supply clean titanium scrap metal and IperionX will use its patented titanium processing technologies to produce low-carbon titanium metal for a more sustainable and fully circular supply chain.

IperionX chief executive Anastasios Arima is pleased to partner with ELG.

“We are pleased to partner with ELG to advance a more sustainable 100% recycled US titanium supply chain,” he said.

“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.”

Currently, titanium metal is sourced over long distances from high carbon supply chains with traceability issues.

Domestic manufacturing of titanium components generates a large amount of titanium scrap metal in the form of cuttings and turnings which are typically downcycled to the ferrotitanium market.

To ensure a more sustainable and affordable domestic manufacturing sector, the US needs to re-shore low carbon titanium production, unlock new sources of titanium materials and close the loop of the supply chain by recycling more titanium metal.

Higher levels of titanium recycling can reduce costs, lower carbon emissions and mitigate supply chain shortages.

The agreement between IperionX and ELG will use scrap titanium feedstocks from manufacturing waste and end-of-life titanium metal products to re-shore advanced low-carbon titanium metal production.

ELG Utica Alloys chief executive Carsten Becker said the partnership allows the recycling of even more titanium material.

“We are happy to announce our new partnership with IperionX, further growing the circular economy for titanium in the US,” he said.

“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.”

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