IperionX Short Seller Allegations: Why Investors See Opportunity in the Fallout

A Critical Minerals Darling Under Fire

The short-seller spotlight has swung into IperionX, the U.S. based, ASX-listed titanium producer championed by Washington as part of its critical minerals security drive. A scathing report by New York hedge fund Spruce Point Capital accused IperionX of accounting inaccuracies and exaggerated claims about its ability to commercialise its titanium-from-scrap technology.

The 93-page report sent shares tumbling more than 20% in early trade before they stabilised near $5.44, valuing the company at $1.8 billion, almost half its October peak when. . .