IperionX Limited and Vegas Fastener Manufacturing, LLC have entered into a partnership to develop and manufacture titanium alloy fasteners and precision components with IperionX’s advanced titanium products for the U.S. Army Ground Vehicle Systems Center (GVSC), which is the U.S. Armed Forces’ research and development facility for advanced technology in ground systems. GSVC’s research and development includes robotics, autonomy, survivability, power, mobility, intelligent systems, maneuver support and sustainment.

Additionally, the partners will design, engineer and produce titanium fasteners for critical sectors such as the aerospace, naval, oil and gas, power generation, pulp and paper and chemical sectors. These industries demand fasteners that provide not only high strength-to-weight ratios but also exceptional corrosionSource: Business WireSource: Business Wire resistance for high-performance applications.

The titanium technology portfolio of IperionX includes high-performance near-net shape titanium products, semi-finished titanium products, spherical titanium powder for additive manufacturing and metal injection molding, and angular titanium powder for a wide range of advanced manufacturing applications. These innovative patented technologies allow for world class leading sustainability and superior process energy efficiencies over the traditional Kroll titanium production process.

The global market for industrial fasteners, valued at about $95 billion in 2023, is projected to grow at nearly 5% annually from 2024 to 2030. The U.S. is one of the largest fastener markets worldwide, with growth underpinned by strong demand for automation, aerospace and other advanced industrial applications. Growing demand for lightweight vehicles and aircraft is leading to a shift to custom high-performance, lightweight fastener products.

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