Cornerstone other transaction agreement (cota) award for titanium production prototype to domestically source TI minerals & metal through innovative processes that meets the demands of the U.S.…
Active Other Transaction Agreement Awarded Last action
- Contract number
- W519TC2592002
- Awardee
-
Iperionx Critical Minerals LLC UEI TYN1E3MJZWA5
- Awarding agency
-
Department of the Army
Department of Defense
- Obligated
- $47,100,000
Award facts
- Contract value 100% obligated
- $47,100,000.00 Current and potential, with all options
- Completion date 54% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Research Development and Engineering Command Army Materiel Command, Department of Defense
- NAICS code
- Not on record
- Competition
- Competed Broad Agency Announcement
- Pricing
- Other
- Place of performance
- Mansfield, TN 38236, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $4,591,800 | |
| Funding Only Action | $25,000,000 | |
| Supplemental Agreement for work within scope | $12,508,200 | |
| Other Administrative Action | $0 | |
| Modification | $5,000,000 | |
| Other Administrative Action | $0 |
About this award
The U.S. Army Research Development and Engineering Command (RDECOM) awarded Iperionx Critical Minerals LLC a $47.1 million Other Transaction Agreement (OTA) to develop and prototype innovative domestic titanium production processes and capabilities. The contract, awarded February 14, 2025, focuses on establishing a reliable domestic supply chain for titanium minerals and refined metal to support U.S. military demands, addressing critical supply chain vulnerabilities in advanced aerospace, defense, and industrial applications. The work will be performed at the contractor's facility in Mansfield, Tennessee, with an ultimate completion date of March 31, 2028.
This modification fully funds Phase 2 of the Cornerstone Other Transaction Authority (COTA) domestic titanium production initiative, reflecting the government's commitment to reducing dependence on foreign sources for this strategically important material. The OTA vehicle, which operates outside traditional procurement regulations, enables RDECOM to partner with innovative commercial and defense technology developers on demonstration and prototyping efforts. The contract structure supports the Department of Defense's broader industrial base modernization objectives while advancing domestic mineral extraction and processing technologies critical to maintaining military readiness and supply chain resilience.
Description
Cornerstone other transaction agreement (cota) award for titanium production prototype to domestically source TI minerals & metal through innovative processes that meets the demands of the U.S. Military.
Quick answers
Who was awarded contract W519TC2592002?
W519TC2592002 was awarded to Iperionx Critical Minerals LLC by Department of the Army (Department of Defense) on February 14, 2025.
How much is contract W519TC2592002 worth?
The government has obligated $47,100,000 on W519TC2592002.
Which agency awarded contract W519TC2592002?
Department of the Army (Department of Defense) awarded W519TC2592002, with funding from Research Development and Engineering Command (Army Materiel Command).
Was contract W519TC2592002 competed?
The extent of competition for W519TC2592002 was competed.
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