Business
IperionX and Carver Pump to Accelerate Critical Component Production for U.S. Navy Ships
CHARLOTTE, N.C., Dec. 15, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce a project with Carver Pump Company (Carver Pump), a leading U.S. manufacturer of mission-critical pumps for the U.S. Navy, to accelerate the production of critical long lead time titanium components for naval shipbuilding. Carver Pump has placed an initial purchase order with IperionX for prototype titanium components. Leveraging its low-cost titanium metal powder and int
About this update from Iperionx Ltd.
[{"type":"image","alt":"IperionX","displaySize":"","headline":null,"caption":"IperionX","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":26,"url":"https://media.zenfs.com/en/globenewswire.com/92beb06e4abd46a4c08fd4d1aba0429c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FIEohucEsU3hW9XSp9WbKw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTM2O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/92beb06e4abd46a4c08fd4d1aba0429c","width":300,"height":26}},"lazy":false},{"type":"text","content":"CHARLOTTE, N.C., Dec. 15, 2025 (GLOBE NEWSWIRE) -- IperionX Limited (IperionX) (NASDAQ: IPX, ASX: IPX) is pleased to announce a project with Carver Pump Company (Carver Pump), a leading U.S. manufacturer of mission-critical pumps for the U.S. Navy, to accelerate the production of critical long lead time titanium components for naval shipbuilding.","length":348,"tagName":"p"},{"type":"text","content":"Carver Pump has placed an initial purchase order with IperionX for prototype titanium components. Leveraging its low-cost titanium metal powder and integrated in-house manufacturing, IperionX will produce and test cost competitive casting replacements for pump systems deployed across U.S. Navy surface vessels.","length":311,"tagName":"p"},{"type":"text","content":"The Carver Pump purchase order marks a key milestone in the IperionX and Carver Pump partnership, which has now advanced from the project planning phase into prototyping. This progression has been enabled by the steady-state production of titanium metal powder from IperionX’s recently commissioned Titanium Production Facility in Virginia.","length":340,"tagName":"p"},{"type":"text","content":"Titanium components are essential for U.S. Navy pump systems due to their high strength-to-weight ratio, corrosion resistance and ability to withstand extreme marine environments. However supply chain constraints for traditionally cast titanium parts have created bottlenecks in naval ship construction and maintenance. Lead times for critical pump components produced via conventional casting often exceed 12 months, contributing to potential machine and ship downtime.","length":470,"tagName":"p"},{"type":"text","content":"The IperionX / Carver Pump project is designed to deliver step-change improvements in lead times. Under the project each titanium component is expected to be produced in l...