M2i Global, a company specialising in the development and execution of a complete global value supply chain for critical minerals, along with Volato Group, a technology-driven company, have  announced a strategic collaboration agreement with Australia-based critical minerals company Titanium X, marking a major step forward in advancing domestic refining capabilities and securing the critical materials supply chain essential to US industry and national security.

Under the terms of the agreement, Titanium X and M2i Global will cooperate on the financing, development and commercialisation of Titanium X’s critical mineral assets, leveraging M2i’s global expertise in mineral project execution.

M2i, in a media release, says the two firms are actively engaged in discussions to finalise an exclusive supply agreement for titanium concentrate.

“We are proud to join forces with Titanium X to strengthen the US supply chain for critical minerals.

“This collaboration combines Titanium X’s world-class asset base with M2i’s execution capabilities and government financing strategies. Together, we aim to accelerate development timelines and deliver tangible value to American industry and stakeholders,” says M2i CEO major general Alberto Rosende.

“Partnering with M2i Global is a game-changer for Titanium X.

“Their record and network – especially in accessing funding and offtake partnerships – will fast-track our mission to become a premier domestic supplier of titanium and other critical minerals. We’re excited to move forward together at this pivotal moment in US industrial policy,” adds Titanium X executive director Justin Warburton.

The media release notes that Titanium X is in the process of acquiring titanium minerals either by offtake agreements or project acquisition.

In addition, the company has a number of new efficient extraction technologies with the potential to upgrade ore-minerals to a beneficiated concentrate.

The release explains that the objective is to beneficiate in Australia and then ship a concentrate to a M2i facility for further refining using technologies to be developed in combination with the University of California Berkeley.

Titanium X’s initial product of interest is centred on upgrading Ilmenite from mineral sand deposits because Western Australia has a number of producers that market a mixed mineral concentrate along with a number of large-scale Joint Ore Reserves Committee- (Jorc-) compliant resources that are yet to be developed.

M2i says this strategic collaboration aligns with both companies’ commitment to responsible resource development, national sustainability goals and building secure, transparent mineral supply chains in North America.