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  "documentTitle": "IperionX Ltd. (IPX)",
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      "text": "Figure 1 (clockwise from top left): Titanium scrap; Finished titanium metal powder; IperionX metal production team with a drum of finished titanium metal powder in front of the HAMR furnace at the Titanium Production Facility.",
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      "text": "Sources: (a) Shareholder Letter (Jan 2024), (b) \"IperionX HAMR Furnace Installation Complete\", Press Release, April 2024, (c) \"IperionX Achieves Major Milestone With First Successful Titanium Furnace Production Run\", press release, Aug 2024, (d) Sept Quarterly Report (Oct 2024) Shareholder Letter (Feb 2025), (e) Dec 2024 Quarterly Report (Jan 2025), (f) 2025 Annual Report",
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      "text": "The Evolving Depiction Of The HAMR Furnace",
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