Slide 1: Corporate Presentation – Investor Webinar April 2023
For personal use only Corporate Presentation Investor Webinar – April 2023 NASDAQ & ASX: IPX ABN 84 618 935 372
Slide 2: Disclaimers
Disclaimers For personal use only Forward Looking Statements Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan
Slide 3: Our vision: sustainably re-shore titanium metal production in the U.S.
For personal use only Stronger than steel & aluminum Our vision: Sustainably re-shore titanium metal production in the U.S. – and disrupt the stainless steel and Lighter weight than steel aluminum markets Superior corrosion resistance 3
Slide 4: How? Build metal production and integrate with minerals production
How? Build metal production in the short term & integrate with minerals production in the medium term For personal use only Scale metal production capacity via our revolutionary patented titanium metal technology using titanium scrap as a raw material 1 o Enables 100% recycled content in titanium pr
Slide 5: Why focus on titanium? Strategic need for non-China & Russia supply chain
Why focus on titanium? Strategic need for a non-China & Russia supply chain For personal use only Current titanium defense applications Global titanium sponge capacity ~72% China & Russia U.S. Airforce U.S. Army U.S. Navy F-35 Lighting M777 Howitzer SSN774 Virginia Class SPONGE CAPACITY Metric tons
Slide 6: Why focus on titanium? Low-cost, sustainable titanium supply chain
Why focus on titanium? Opportunity to develop a low-cost, sustainable titanium supply chain For personal use only Carbon emission estimates of stainless steel, aluminum, and Current supply chain is non-circular and high waste titanium ingot (via Kroll) 50 Estimated Life Cycle CO2e Emissions 40 (kg C
Slide 7: Why focus on titanium? Massive potential market opportunity
Why focus on titanium? Superior metal with massive potential market opportunity For personal use only ~$200bn* ~$165bn* ~$4bn* Titanium Market1 Aluminum Market2 Stainless Steel Market3 Titanium 6Al-4V Ingot – U.S. FOB 6000-Series Aluminum – 48” Coils, U.S. EXW 316 Stainless Steel, HRC, Int. Avg. EXW
Slide 8: What is our solution?
What is our solution? Our revolutionary patented technology aims to re-shore a sustainable and low- cost titanium metal supply chain For personal use only IperionX sustainable, 100% recycled spherical powder-to-part supply chain (Zero scope 1 & 2 carbon emissions, low cost and environmentally superi
Slide 9: What are we doing today? Producing recycled titanium powders
What are we doing today? Producing recycled titanium powders at our Industrial Pilot Facility For personal use only Revolutionary technology from the University of Utah, funded by the U.S. Department of Energy ARPA-E program 100% scrap feedstock used in production, with zero scope 1 and 2 greenhouse
Slide 10: Using titanium powder production to secure major potential partners
What are we doing today? Using our titanium powder production to secure major potential partners across industries For personal use only Existing collaborations1 Target collaborations U.S. Additive Luxury Bikes & Consumer Industrial Green Hydrogen Automotive Defense Manufacturing Goods Micromobility
Slide 11: Where are we going in 2023? Titanium Demonstration Facility
Where are we going in 2023? Building our Titanium Demonstration Facility in Halifax County, Virginia For personal use only 125tpa 100% recycled content & low Phase 1 targeted production rate emissions ~US$20 million Projected initial capital cost1 Recycling certification and LCA being completed 1. S
Slide 12: Where are we going in the future?
Where are we going in the future? Building a sustainable, integrated and low-cost U.S. titanium supply chain For personal use only Industrial Pilot Facility Titanium Demonstration Facility R&D and 100% recycled titanium First commercial titanium powder powder production production facility, targetin
Slide 13: Major value-adding, near-term catalysts
Major value-adding, near-term, catalysts For personal use only ✓ Secure strategic partners for our titanium metal operations Corporate Overview (NASDAQ / ASX Ticker Symbol: IPX) ✓ Test powders and/or prototype parts with prospective customers $10.00 ✓ Secured customer & government validation Secure
Slide 14: Supporting Information
For personal use only Supporting Information 14
Slide 15: Senior leadership team
Senior leadership team For personal use only Anastasios “Taso” Arima Todd Hannigan Co-founder, Director & CEO Executive Chairman Successful entrepreneur, founder of multiple $1billion+ companies, including 25+ years of global experience in natural resources as company founder, CEO, most recently Pie
Slide 16: Well-positioned to benefit from government funding and incentives
We are well-positioned to benefit from government funding and incentives to re-shore U.S. critical material supply chains For personal use only Department of Defense Department of Energy U.S. Congress White House Defense Production Act Title III funding for Advanced Materials and Manufacturing Infla
Slide 17: Industrial technology company that can disrupt the metals sector
We are an industrial technology company which can disrupt the metals sector, with our sights on stainless steel & aluminum For personal use only Machinery, Consumer Metal Automotive & Construction Metal & Global Market Size1 Equipment, & Other Products Transportation Materials Electronics Stainless
Slide 18: Leveraged to growth of the Additive Manufacturing industry
We are leveraged to the growth of the Additive Manufacturing industry – we are the potential “Ink” for 3D printers For personal use only Global Market for Metal AM Powder - by Metal Global Market for Metal AM Powder - by Jurisdiction $7.0 $7,000 North America Europe Asia Pacific China Rest of World
Slide 19: Scrap generation in the U.S. titanium supply chain
Scrap generation in the U.S. titanium supply chain For personal use only ▪ A significant amount of scrap is lost, or un-usable, in the current U.S. supply chain ▪ IperionX’s technology provides a potential pathway to sustainably recycle this scrap to produce valuable titanium metal Titanium supply c
Slide 20: Titan Project: potential multi-decade source of U.S. titanium
Based on the results of our Scoping Study, the Titan Project is a potential For personal use only multi-decade source of U.S. titanium, with significant rare earth co-product ▪ Geological formation targeted is the McNairy Sand, a massive formation extending North- South through West Tennessee ▪ Proj
Slide 21: Simple, conventional extraction and processing to produce multiple product streams
Simple, conventional extraction and processing to produce multiple high-value product streams including rare earths For personal use only 90%+ of the sand extracted is returned to void for reclamation Rare Earth Sustainable Wet Rare Earth Rare Earth Energy Fuels McNairy Sand Concentrate Separated Ra
Slide 22: HAMR – the breakthrough science behind the process
HAMR – the breakthrough science behind the revolutionary process For personal use only ▪ Most common metals can be reduced to metal from oxides by carbon (or Hydrogen effect on the Ti-O bonds hydrogen) - this is not the case for Titanium Dioxide (“TiO2”) because of Ti-O bonds at various weight perce
Slide 23: Further information contact
For personal use only Further information contact: info@iperionx.com