• Strategic acquisition adjacent to Titan Project
• Consolidates a U.S. critical minerals province
• Established infrastructure advantage

IperionX Limited, an integrated U.S. critical minerals-to-metals company, has entered into an agreement to acquire certain key assets associated with Covia Solutions LLC's Camden, Tennessee silica sand operation. The acquisition strategically consolidates IperionX's position in the Big Sandy Critical Minerals Province and brings together four features rarely available in a U.S. critical minerals development setting: province consolidation, stockpile optionality, pre-stripped horizons, and established infrastructure. The Camden assets, located adjacent to IperionX's Titan Critical Minerals Project, have the potential to be synergistic with Titan by adding feedstock optionality and reduced development complexity. The assets include mineral rights, existing stockpiles, mining and processing equipment, rail spur, approximately 1,400 acres of owned property and approximately 1,400 acres of leased property, with access to established power, water and gas infrastructure. Camden is located in the McNairy Formation geological system which has been proven to be rich in monazite and xenotime - heavy rare earth minerals typically rich in dysprosium (Dy), terbium (Tb) and yttrium (Y). The acquisition strengthens IperionX's position as an integrated U.S. critical minerals-to-metals company, with the potential to underpin domestic supply chains for heavy rare earths, titanium and zircon - critical inputs for high-temperature magnets, defense, aerospace, semiconductors, robotics and advanced manufacturing.