IperionX has made a deal with the Ford Motor Company to supply titanium metal components using its 100% recycled low-carbon titanium metal.
The company has been collaborating to design, test and additively manufacture a series of high-quality titanium components for future production vehicles for Ford’s high-performance and racing division, Ford Performance.
Ford Performance is well known for a leading range of performance cars such as the F150 Raptor, Bronco Raptor, Mustang Mach 1 and the Shelby GT500.
Automotive parts made with titanium are notable for superior strength-to-weight ratios, high levels of corrosion resistance, outstanding durability and – unique to IperionX’s (ASX:IPX) technologies – can be produced from 100% recycled material.
IperionX’s proprietary technologies can unlock significant sustainability benefits that are critical for a low-carbon, fully circular titanium automotive supply chain – attributes that can’t be achieved with any other known commercial titanium production process.
Circular titanium supply chain
Ford recently joined the First Movers Coalition, a global initiative to harness the purchasing power from 50+ foundation companies – including Volvo, Airbus, Apple, Amazon and Microsoft – to send a clear demand signal necessary to scale-up critical emerging technologies essential for the net-zero transition.
“Ford has a commitment to achieve carbon neutrality by 2050,’ IperionX CEO Anastasios Arima said.
“We are proud to partner with Ford to accelerate the deployment of a sustainable, circular titanium supply chain for the global automotive market.
“Our low-carbon titanium metal is uniquely made with 100% recycled titanium and can significantly improve automotive supply chains by using high-strength titanium components with nearly half the weight of steel.”
High performance component testing
The titanium components are set to undergo a comprehensive ‘finishing study’ to assess a range of potential surface finish of parts.
The insights gained from this scope of works will guide the final design, and unit costs, for a range of low-carbon titanium components for Ford Performance production vehicles.
“We are pleased that Ford has partnered with us to improve automotive supply chains and scale our low-carbon, circular, titanium business,” Arima said.
This article was developed in collaboration with IperionX Limited, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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