Hyperion Expands Portfolio of Titanium Metal Technology
Hyperion Metals Limited (ASX: HYM) (Hyperion or the Company) is pleased to announce that it has entered into an agreement with Blacksand Technology, LLC (Blacksand) to investigate the commercial development of spherical titanium metal powders using the GSD technology and an option to enter into an exclusive license agreement for the patents associated with the technology (the Agreements).
- Hyperion Metals Limited (ASX: HYM) (Hyperion or the Company) is pleased to announce that it has entered into an agreement with Blacksand Technology, LLC (Blacksand) to investigate the commercial development of spherical titanium metal powders using the GSD technology and an option to enter into an exclusive license agreement for the patents associated with the technology (the Agreements).
- Hyperion has secured the exclusive rights to the patented Granulation-Sintering-Deoxygenation (GSD) technology developed by Dr. Z. Zak Fang for producing zero carbon, low-cost spherical titanium powders.
- The price of titanium metal is approximately $8,500 per ton1, with the price of titanium spherical powder suitable for 3D printing potentially over $300,000 per ton1.
- This recycling pathway for the GSD technology can reduce costs and significantly improve the sustainability of titanium metal manufacturing.