IperionX Plans US Redomiciliation, Appoints New Director

IperionX (ASX:IPX) announced two aligned strategic actions. The company intends to pursue a redomiciliation to the United States through the establishment of a Texas-incorporated ultimate parent company, subject to shareholder, court, regulatory, exchange and other customary approvals. Subject to final structuring and exchange approvals, the common stock of the new US parent is expected to be listed directly on Nasdaq, replacing IperionX's existing ADS structure. IperionX said the proposed redomiciliation is not expected to change its underlying assets, operations or strategic priorities, and is reflective of the majority of its customers, strategic relationships and government-supported programs being based in the United States. Its US operating platform comprises the integrated Atlas-Titan critical minerals platform in Tennessee, titanium metal production and advanced manufacturing in Virginia, and titanium technology research and development in Utah.

IperionX also appointed Michael J. Loparco as an independent non-executive director, effective 3 August 2026. Mr Loparco is currently Chief Executive Officer and co-founder of OrcaWorcs.ai and previously served as Chief Executive Officer of Symbotic Inc., which he led through its 2022 public listing, following more than two decades at Jabil Inc. in senior roles including Chief Executive Officer of Jabil Electronics Manufacturing Services and Executive Vice President. He currently serves on the board of Sanmina Corporation. The company said the proposed structure has the potential to broaden IperionX's addressable US investor base, deepen trading liquidity and price discovery, simplify participation by strategic and sector-specialist investors, and enhance access to larger and more diverse pools of US growth capital.