IPERIONX AND SLM SOLUTIONS ANNOUNCE PARTNERSHIP
- IperionX, a global leader in sustainable titanium technologies, announces a strategic partnership with metal 3D printing technology leader SLM Solutions for their proprietary, low carbon, recycled titanium powder
- IperionX has a unique, patented process to produce high-quality titanium metal powder from recycled titanium feedstocks. SLM Solutions is a leading international provider of industrial metal 3D printing machines, and one of the inventors of selective laser melting and pioneered metal additive manufacturing using metal powders via the Laser Powder Bed Fusion additive manufacturing modality.
- SLM Solutions recognizes the commercial, technical and sustainability advantages of IperionX's fully circular titanium metal powder and it will be an valuable addition to SLM’s open architecture materials offering that has the largest metal portfolio of any metal additive manufacturing (AM) company.
- Leading companies across the defense, automotive, consumer electronics and luxury goods sectors want to manufacture high strength, long life components with low carbon titanium from traceable recycled sources. IperionX’s patented titanium technologies offer a pathway to low cost, low carbon and circular titanium metal.
- IperionX acquired two SLM Solutions additive manufacturing machines in 2022 (SLM®125 / SLM®280) which can prototype, qualify and produce titanium components for customers that demand traceable, low carbon and circular titanium for their product range.
IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX), a leading provider of sustainable titanium technologies, is pleased to announce the signing of a sales and offtake partnership with SLM Solutions Group AG (SLM), a global leader in metal additive manufacturing systems, for the supply of spherical titanium metal powders from IperionX’s Titanium Demonstration Facility (TDF) in Virginia.
SLM Solutions 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. As one of the inventors of selective laser melting and pioneered metal additive manufacturing SLM Solutions uses metal powders via the Laser Powder Bed Fusion additive manufacturing modality.
This sales partnership with two leading metal AM technology companies will 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. Annual titanium powder sales offtake volumes will initially commence at 25 tons at a market refenced pricing.
Anastasios Arima, co-founder and CEO of IperionX said: "We are pleased to sign a sales partnership agreement with SLM Solutions, a global leader in metal 3D printing solutions. This sales 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 Solutions said: “The 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.”