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HYPERION METALS ASX RELEASE | ASX : HYM 29 July 2021 JUNE 2021 QUARTERLY REPORT Hyperion Metals Limited ( ASX : HYM ) ( " Hyperion " ) highlights during and after the June 2021 quarter were : ■ Secured the rights to the patented GSD technology for producing low - cost spherical titanium powders for 3D printing ■ Established a technology partnership with EOS GmbH , a global leader in industrial 3D printing , aiming to accelerate the deployment of Hyperion's HAMR and GSD technologies to produce low cost , low carbon titanium metal and powders Signed a MOU with Energy Fuels that aims to build an integrated , all - American rare earths supply chain . The MOU will evaluate the potential supply of rare earth minerals from Hyperion's Titan Project to Energy Fuels for value - added rare earth processing at their operational White Mesa Mill ■ Outstanding technical advancement at the Titan Project , including delivery of initial Phase 3 drilling results , progression of metallurgical test work , commencement of scoping study and significant growth in the Titan Project area to approximately 6,000 acres First results from the Phase 3 drill program at the Titan Project included the thickest , highest grade intercepts received to - date , highlighting the consistency of mineralization over ~ 3.6km strike length ▪ Established leading Capital Markets and Scientific and Technology Advisory Boards to advance strategic partnerships for financing , development , and operational activities as well as accelerate the research , development and commercialization of our patented titanium technologies Anastasios Arima , CEO & Managing Director of Hyperion Metals said : - " We had a breakout quarter at Hyperion Metals – we made exceptional progress and we achieved a number of milestones that will deliver significant shareholder value . We secured the rights to the breakthrough GSD titanium metal powders technology that offers the potential to materially reduce the cost of producing metal powders for 3D printing . Titanium metal is the superior metal for a wide range of advanced applications , from aerospace to defence , and with lower prices it will also be the logical choice for industrial applications , electronic consumer products and electric vehicles . We announced a technology partnership with EOS GmbH , a global leader in 3D printing , that aims to accelerate the commercialization of Hyperion's patented HAMR and GSD titanium metal and powders technologies . EOS shares our goal of developing sustainable , low carbon and low - cost titanium metal and powders supply chains . Our Titan Project in west Tennessee grew by 59 % in size and we continued to rapidly define widespread , shallow high - grade mineralization in one of the world's best located regions for a critical mineral project . This area is already infrastructure rich , with close access to excellent roads , rail , river , power and skilled labour . Electricity and skilled labour costs are significantly below Australian comparables . We expect to announce a maiden JORC Mineral Resource this quarter and we plan to continue to aggressively grow this resource over time . Hyperion Metals Ltd ABN : 84 618 935 372 hyperionmetals.us U.S. Head Office 129 W Trade Street Charlotte , NC 28202 More Information info@hyperionmetals.us +1 704 461 8000 1