Jul. 17 at 6:25 PM
$IPX Could be a reaction to the Ramaco Resources (
$METC) rare earth's deal with Apple and the US Government.
$IPX relationship with the government has similarities - e.g. re-shoring of strategic resources. The
$100M US defense department purchase agreement confirms the technology. My take is that IperionX has long term legs: clear cost advantage, ramping production, displaces imports from Russia and China (and Japan); and, titanium is a superior substitute for many high value stainless steel products (a significant market opportunity).
