IperionX (ASX:IPX) said independent testing by the US Army Combat Capabilities

Development Command Ground Vehicle Systems Center and Westmoreland Mechanical Testing & Research found its Ti-6Al-4V fasteners can meet or exceed SAE Grade 8 steel performance in torque-to-failure, torque-tension, and tensile strength tests, according to a Monday Australian bourse filing.

Army testing showed that larger fasteners exceeded the yield torque of comparable Grade 8 steel, while smaller fasteners performed at or above steel levels, with some not yielding at the initial test thresholds, per the filing.

Independent tensile testing measured yield strengths of 135 to 137 kilopounds per square inch (ksi) and ultimate tensile strengths of 149 to 152 ksi, meeting or exceeding key aerospace and high-strength steel standards, the filing said.

The results highlight scalable, lower-cost titanium fasteners for defense and industrial use, reinforcing the company's role in developing a domestic US titanium supply chain via its powder-to-product technology, the filing added.

The company's shares were up over 1% in recent Monday trade.