Iperionx Closes Acquisition of Blacksand Technology's Assets, IP Portfolio

MT Newswires Live
2024-11-26

Iperionx (IPX) said Tuesday that it has acquired Blacksand Technology's assets and intellectual property portfolio, securing exclusive commercial rights to the latter's patents and proprietary titanium technologies.

No financial details were disclosed.

Iperionx said it expects Blacksand Technology's portfolio to offer "significant advantages" to its Kroll titanium production process and that it is already commercializing the technology portfolio at its titanium manufacturing campus in Virginia.

Price: 28.78, Change: -0.21, Percent Change: -0.72

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