Calatos Pty Ltd LLC (‘Calatos’) was incorporated in the USA on 5 April 2017. Calatos owns the Milford Zinc-Gold Project in Utah, USA.
TAO Commodities was incorporated in Australia on 5 May 2017 for the purpose of acquiring Calatos and listing on the Australian Securities Exchange. TAO Commodities acquired 100% of the issued capital of Calatos pursuant to the terms and conditions of a share purchase agreement dated 23 May 2017 (and amended on 10 August 2017 and 30 October 2017).
The company changed its name from TAO Commodities to Hyperion Metals in April 2021, and then to IperionX in February 2022.