IperionX Acquires Covia's Silica Sand Assets for $3M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Source: seekingalpha
- Acquisition of Mining Assets: IperionX has agreed to acquire certain mineral, mining, and infrastructure assets from Covia Solutions' Camden, Tennessee silica sand operation for $3 million, enhancing its position in critical mineral supply chains.
- Asset Composition: The Camden assets include mineral rights, stockpiles, mining equipment, and rail infrastructure, which will provide IperionX with expanded feedstock options to support the development of its Titan Project.
- Market Reaction: IperionX's stock rose by 1% in early trading, reflecting a positive market response to the acquisition and indicating investor confidence in the company's strategic direction.
- Supply Chain Strategy: This acquisition not only helps to diversify IperionX's raw material sources but also supports the development of U.S. critical mineral supply chains, aligning with national interests in mineral resource independence.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy IPX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on IPX
Wall Street analysts forecast IPX stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 31.380
Low
74.00
Averages
74.00
High
74.00
Current: 31.380
Low
74.00
Averages
74.00
High
74.00
About IPX
IperionX Limited is a titanium metal and critical materials company that uses patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy and carbon emissions. It is engaged in the exploration and evaluation of its mineral properties in the United States and the research, development, and commercialization of its associated metals technologies to support an integrated titanium processing operation. It holds a 100% interest in the Titan Project, covering more than 10,000 acres of mineral properties in Tennessee, United States, which consider prospective for critical minerals including titanium, rare earth elements, silica sand and zircon. Its titanium metal and critical minerals are essential for advanced United States industries including space, aerospace, defense, consumer electronics, hydrogen, electric vehicles and additive manufacturing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
IperionX Acquires Covia's Silica Sand Assets for $3M
- Acquisition of Mining Assets: IperionX has agreed to acquire certain mineral, mining, and infrastructure assets from Covia Solutions' Camden, Tennessee silica sand operation for $3 million, enhancing its position in critical mineral supply chains.
- Asset Composition: The Camden assets include mineral rights, stockpiles, mining equipment, and rail infrastructure, which will provide IperionX with expanded feedstock options to support the development of its Titan Project.
- Market Reaction: IperionX's stock rose by 1% in early trading, reflecting a positive market response to the acquisition and indicating investor confidence in the company's strategic direction.
- Supply Chain Strategy: This acquisition not only helps to diversify IperionX's raw material sources but also supports the development of U.S. critical mineral supply chains, aligning with national interests in mineral resource independence.
See More
IperionX Acquires Covia's Silica Sand Assets for Strategic Growth
- Strategic Acquisition: IperionX's $3 million acquisition of Covia Solutions' silica sand assets in Camden, Tennessee, enhances its position in the U.S. critical minerals sector and creates synergies with the Titan project.
- Infrastructure Advantage: The acquisition includes approximately 2,800 acres of mineral rights and existing mining and processing equipment, which will reduce development complexity and improve production efficiency, further solidifying IperionX's role in the critical minerals supply chain.
- Heavy Rare Earth Potential: Located within the McNairy geological system, Camden is rich in monazite and xenotime, providing IperionX with a vital source of raw materials to meet the demands in high-temperature magnets and advanced manufacturing sectors.
- Supply Chain Strengthening: By integrating Camden with the Titan project, IperionX aims to establish a more resilient domestic supply chain, ensuring stable supplies of critical materials such as heavy rare earths, titanium, and zircon to support U.S. defense and high-tech industries.
See More
IperionX Releases Titan Project Feasibility Study
- Feasibility Study Release: On June 10, 2026, IperionX released the Definitive Feasibility Study (DFS) presentation for its Titan Critical Mineral Project, showcasing the largest JORC-compliant mineral resource of titanium, rare earths, and zircon sands in the U.S., which is expected to enhance the company's market position in critical materials.
- Technological Advantage: IperionX employs patented metal technologies to produce high-performance titanium alloys with lower energy consumption, costs, and carbon emissions, which not only improves production efficiency but also aligns with current market demands for sustainability, thereby strengthening its competitiveness in high-end sectors like aerospace and defense.
- Market Demand: The company's titanium metals and critical minerals are essential for advanced U.S. industries, including aerospace, defense, consumer electronics, automotive, and additive manufacturing, which are anticipated to drive future revenue growth and market share expansion.
- Strategic Positioning: The Titan project represents a crucial step in resource development and will support the U.S. competitiveness in the global titanium and rare earth markets, aligning with national strategic goals for self-sufficiency in critical minerals.
See More
Brazilian Rare Earths Appoints New CEO and Board for Alurion Resources
- Executive Appointment: Brazilian Rare Earths has appointed Mauricio Noronha as CEO of Alurion Resources, leveraging his extensive experience in mining and industrial minerals to drive the development of the Amargosa Bauxite Project, thereby enhancing the company's competitiveness in critical minerals.
- Board Composition: The board of Alurion comprises seasoned industry professionals, including Thomas Todd and Otavio Carvalheira, who bring deep expertise in bauxite and capital markets, aimed at providing the necessary technical and commercial support for the project's next phase.
- Independent Director Advantages: The addition of independent directors like Andrea Weinberg and Dominic Allen, who collectively possess over 25 years of experience in financial markets and natural resource management, strengthens Alurion's capital market capabilities, facilitating its IPO process.
- Advancement of IPO Plans: Brazilian Rare Earths plans to demerge Alurion and advance its IPO, which, while subject to ASX listing requirements and other legal processes, will lay the groundwork for future fundraising and market expansion efforts.
See More
IperionX Expands Titanium Manufacturing Capacity in Virginia
- Capacity Expansion: IperionX successfully commissioned a 300-ton six-axis SACMI powder metallurgy press at its Titanium Manufacturing Campus in South Boston, Virginia, tripling its powder metallurgy capacity and significantly enhancing its ability to manufacture high-value titanium products in the U.S. to meet defense and aerospace market demands.
- Increased Product Flexibility: The new press achieves a high productivity rate of up to 24 pressing cycles per minute, equating to approximately 11 million single-cavity parts annually, thereby enhancing the production flexibility and repeatability of complex titanium components, which is expected to facilitate the transition of customer programs from prototypes to high-volume production.
- Technological Integration: This press is designed to integrate with additional HSPT™ furnace capacity expected to arrive in June, supporting customer qualification and low-rate initial production, which will further accelerate the scaling of titanium component manufacturing.
- Market Opportunity Expansion: By utilizing IperionX's low-cost U.S.-sourced titanium powder and patented HAMR™ process, the press bypasses the traditional titanium sponge supply chain, reducing production costs and lead times, thereby promoting broader adoption of titanium materials in industrial and defense applications.
See More
Western Star Resources Submits Critical Minerals Application
- Critical Minerals Application: Western Star Resources has submitted an application to the U.S. Defense Industrial Base Consortium focusing on tungsten (WO3) in response to a project proposal request from February 2026, indicating the company's strategic positioning in the defense-critical minerals supply chain.
- Investor Relations Agreement: The company has entered into a 12-month investor relations agreement with Plutus Invest & Consulting GmbH for a fee of €200,000, effective May 1, 2026, aimed at enhancing awareness in the European market and thereby increasing the company's international influence.
- Private Placement Plan: Western Star plans to issue 833,333 flow-through common shares at $0.60 each, raising a total of $500,000, which will be used for Canadian exploration expenses eligible for the critical mineral tax credit, further supporting the company's growth strategy.
- Tungsten Market Dynamics: With tungsten prices surging approximately 350% in 2026 to $3,185 per metric tonne, the potential value of Western Star's Rowland tungsten project significantly increases, with a maiden drill program planned for 2026 to further validate its resource potential.
See More
IperionX Acquires Covia's Silica Sand Assets for $3M
- Acquisition of Mining Assets: IperionX has agreed to acquire certain mineral, mining, and infrastructure assets from Covia Solutions' Camden, Tennessee silica sand operation for $3 million, enhancing its position in critical mineral supply chains.
- Asset Composition: The Camden assets include mineral rights, stockpiles, mining equipment, and rail infrastructure, which will provide IperionX with expanded feedstock options to support the development of its Titan Project.
- Market Reaction: IperionX's stock rose by 1% in early trading, reflecting a positive market response to the acquisition and indicating investor confidence in the company's strategic direction.
- Supply Chain Strategy: This acquisition not only helps to diversify IperionX's raw material sources but also supports the development of U.S. critical mineral supply chains, aligning with national interests in mineral resource independence.
See More
IperionX Acquires Covia's Silica Sand Assets for Strategic Growth
- Strategic Acquisition: IperionX's $3 million acquisition of Covia Solutions' silica sand assets in Camden, Tennessee, enhances its position in the U.S. critical minerals sector and creates synergies with the Titan project.
- Infrastructure Advantage: The acquisition includes approximately 2,800 acres of mineral rights and existing mining and processing equipment, which will reduce development complexity and improve production efficiency, further solidifying IperionX's role in the critical minerals supply chain.
- Heavy Rare Earth Potential: Located within the McNairy geological system, Camden is rich in monazite and xenotime, providing IperionX with a vital source of raw materials to meet the demands in high-temperature magnets and advanced manufacturing sectors.
- Supply Chain Strengthening: By integrating Camden with the Titan project, IperionX aims to establish a more resilient domestic supply chain, ensuring stable supplies of critical materials such as heavy rare earths, titanium, and zircon to support U.S. defense and high-tech industries.
See More
IperionX Releases Titan Project Feasibility Study
- Feasibility Study Release: On June 10, 2026, IperionX released the Definitive Feasibility Study (DFS) presentation for its Titan Critical Mineral Project, showcasing the largest JORC-compliant mineral resource of titanium, rare earths, and zircon sands in the U.S., which is expected to enhance the company's market position in critical materials.
- Technological Advantage: IperionX employs patented metal technologies to produce high-performance titanium alloys with lower energy consumption, costs, and carbon emissions, which not only improves production efficiency but also aligns with current market demands for sustainability, thereby strengthening its competitiveness in high-end sectors like aerospace and defense.
- Market Demand: The company's titanium metals and critical minerals are essential for advanced U.S. industries, including aerospace, defense, consumer electronics, automotive, and additive manufacturing, which are anticipated to drive future revenue growth and market share expansion.
- Strategic Positioning: The Titan project represents a crucial step in resource development and will support the U.S. competitiveness in the global titanium and rare earth markets, aligning with national strategic goals for self-sufficiency in critical minerals.
See More
Brazilian Rare Earths Appoints New CEO and Board for Alurion Resources
- Executive Appointment: Brazilian Rare Earths has appointed Mauricio Noronha as CEO of Alurion Resources, leveraging his extensive experience in mining and industrial minerals to drive the development of the Amargosa Bauxite Project, thereby enhancing the company's competitiveness in critical minerals.
- Board Composition: The board of Alurion comprises seasoned industry professionals, including Thomas Todd and Otavio Carvalheira, who bring deep expertise in bauxite and capital markets, aimed at providing the necessary technical and commercial support for the project's next phase.
- Independent Director Advantages: The addition of independent directors like Andrea Weinberg and Dominic Allen, who collectively possess over 25 years of experience in financial markets and natural resource management, strengthens Alurion's capital market capabilities, facilitating its IPO process.
- Advancement of IPO Plans: Brazilian Rare Earths plans to demerge Alurion and advance its IPO, which, while subject to ASX listing requirements and other legal processes, will lay the groundwork for future fundraising and market expansion efforts.
See More
IperionX Expands Titanium Manufacturing Capacity in Virginia
- Capacity Expansion: IperionX successfully commissioned a 300-ton six-axis SACMI powder metallurgy press at its Titanium Manufacturing Campus in South Boston, Virginia, tripling its powder metallurgy capacity and significantly enhancing its ability to manufacture high-value titanium products in the U.S. to meet defense and aerospace market demands.
- Increased Product Flexibility: The new press achieves a high productivity rate of up to 24 pressing cycles per minute, equating to approximately 11 million single-cavity parts annually, thereby enhancing the production flexibility and repeatability of complex titanium components, which is expected to facilitate the transition of customer programs from prototypes to high-volume production.
- Technological Integration: This press is designed to integrate with additional HSPT™ furnace capacity expected to arrive in June, supporting customer qualification and low-rate initial production, which will further accelerate the scaling of titanium component manufacturing.
- Market Opportunity Expansion: By utilizing IperionX's low-cost U.S.-sourced titanium powder and patented HAMR™ process, the press bypasses the traditional titanium sponge supply chain, reducing production costs and lead times, thereby promoting broader adoption of titanium materials in industrial and defense applications.
See More
Western Star Resources Submits Critical Minerals Application
- Critical Minerals Application: Western Star Resources has submitted an application to the U.S. Defense Industrial Base Consortium focusing on tungsten (WO3) in response to a project proposal request from February 2026, indicating the company's strategic positioning in the defense-critical minerals supply chain.
- Investor Relations Agreement: The company has entered into a 12-month investor relations agreement with Plutus Invest & Consulting GmbH for a fee of €200,000, effective May 1, 2026, aimed at enhancing awareness in the European market and thereby increasing the company's international influence.
- Private Placement Plan: Western Star plans to issue 833,333 flow-through common shares at $0.60 each, raising a total of $500,000, which will be used for Canadian exploration expenses eligible for the critical mineral tax credit, further supporting the company's growth strategy.
- Tungsten Market Dynamics: With tungsten prices surging approximately 350% in 2026 to $3,185 per metric tonne, the potential value of Western Star's Rowland tungsten project significantly increases, with a maiden drill program planned for 2026 to further validate its resource potential.
See More
