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Titanium play IperionX taps Petra, Bells for $100m placement

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What a difference a year makes. IperionX, a small-cap darling focused on producing high-performance titanium alloys, raised $25 million at $1.25 a share last October when it had a $245 million market capitalisation.

Taso Arima founded IperionX, a metals technology company focused on creating a sustainable, low-cost, low-carbon titanium supply chain. AFR

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/titanium-play-iperionx-taps-bells-petra-for-100m-placement-20241016-p5kixc