6-K
IPERIONX Ltd (IPX)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
Date: December 23, 2025
Commission File Number: 001-41338
IperionX Limited
(Translation of registrant’s name into English)
129 W Trade Street, Suite 1405
Charlotte, North Carolina
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
| Form 20-F ☒ | Form 40-F ☐ |
|---|
EXHIBIT INDEX
The following exhibits are filed as part of this Form 6-K:
| Exhibit | Description |
|---|---|
| 99.1 | Press Release |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| IPERIONX LIMITED | |
|---|---|
| (registrant) | |
| Date: December 23, 2025 | By: /s/ Marcela Castro |
| Name: Marcela Castro | |
| Title: Chief Financial Officer |
Exhibit 99.1
| PRESS RELEASE | NASDAQ: IPX | ASX: IPX<br><br> <br>December 23, 2025 |
|---|
EXPIRY OF VENDOR PERFORMANCE SECURITIES
IperionX Limited (NASDAQ:IPX, ASX:IPX) (‘IperionX’ or ‘Company’) advises that all remaining vendor performance-linked securities in the capital of the Company have expired, including 19,800,000 Class B Performance Shares, 4,000,000 Class A Performance Options, and 4,000,000 Class B Performance Options.
These performance-linked securities were originally issued in 2020 as part of the Company’s acquisition of the Titan Critical Minerals Project (‘Titan Project’) located in Tennessee, United States.
The Company’s updated capital structure following the expiry of these securities is as follows:
| Security | No. of Securities |
|---|---|
| Quoted fully paid ordinary shares (ASX:IPX) | 336,322,679 |
| Unquoted employee performance rights | 8,423,409 |
| Unquoted employee restricted stock units | 4,741,127 |
| Unquoted options (ex. A$0.87, exp. 5-Dec-2026) | 106,093 |
| Unquoted options (ex. A$5.00, exp. 10-Apr-2029) | 1,374,746 |
| Unquoted options (ex. A$8.00, exp. 30-Jun-2027) | 1,305,000 |
| Unquoted options (ex. A$10.00, exp. 1-Apr-2027) | 235,000 |
About IperionX
IperionX is a leading American titanium metal and critical materials company – using patented metal technologies to produce high performance titanium alloys, from titanium minerals or scrap titanium, at lower energy, cost and carbon emissions.
Our Titan critical minerals project is the largest JORC-compliant mineral resource of titanium, rare earth and zircon minerals sands in the United States.
IperionX’s titanium metal and critical minerals are essential for advanced U.S. industries including space, aerospace, defense, consumer electronics, hydrogen, automotive and additive manufacturing.
This announcement has been authorized for release by the Company Secretary.
For further information and enquiries please contact:
+1 980 237 8900
| North Carolina | Tennessee | Virginia | Utah |
|---|---|---|---|
| 129 W Trade Street, Suite 1405<br><br> <br>Charlotte, NC 28202 | 279 West Main Street<br><br> <br>Camden, TN 38320 | 1092 Confroy Drive<br><br> <br>South Boston, VA 24592 | 1782 W 2300 S<br><br> <br>West Valley City, UT 84119 |
IperionX Limited ABN 84 618 935 372