IperionX Produces Titanium Metal From Tennessee Minerals

URLhttps://www.businesswire.com/news/home/20220826005
SourceBusinesswire
Date Published08/26/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name IperionX
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Chemicals
Product(s) reshored low-carbon spherical titanium
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
Government Incentive dollar amount: $40 billion for DOE and $500 million for the DOD
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