Powder processor Hyperion plans to acquire Blacksand Technology, a metals R&D company that reportedly owns technologies to produce low carbon, low cost titanium metal and powders.
Blacksand, formed in 2013, has been involved in the development of the hydrogen assisted magnesiothermic reduction (HAMR) process and over 40 patents worldwide covering the supply chain from primary titanium metal production to downstream titanium manufacturing, the company said.
Thew company also owns a titanium metal powder production facility in Salt Lake City, Utah currently producing titanium powder for commercial qualification.
Hyperion says that if it purchases Blacksand, it could the use HAMR technology to rare earth metals, zirconium metals and other strategic metal powders.
‘We aim to build on Blacksand’s strengths in material science and innovation to […] make the US, once again, the leader in titanium metal,’ said Anastasios Arima, CEO and managing director.
‘Blacksand is excited about the prospects of commercializing its suite of titanium technologies through Hyperion Metals,’ added Dr Z Zak Fang, founder of Blacksand Technology LLC.
‘This is a historical opportunity to change how titanium is made with an energy-efficient, potentially zero-emission, and low-cost technology.’
This story uses material from Hyperion, with editorial changes made by Materials Today.
