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Ibc Advanced Alloys (IB) investor relations material
Ibc Advanced Alloys 2025 ThinkEquity Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business transformation and growth strategy
Company re-engineered to focus on foundational copper business and four new growth areas after extensive market analysis.
Offers full supply chain solutions, from copper alloy billets to finished parts, serving about 250 customers including major manufacturers.
Growth strategy centers on copper, especially for U.S. Navy applications, and includes a new sand casting business for large copper alloy parts.
Successfully poured aluminum-scandium alloy ingots, a first for mass production in the U.S., with plans to build out this supply chain.
Board strengthened with addition of a scandium-aluminum alloy expert to support new material commercialization.
Market trends and demand outlook
Copper demand is forecast to rise 63% from last year to 2035, driven by EVs, AI, data centers, and defense needs.
Copper prices have surged above $5/lb, with supply constraints expected to drive further increases.
U.S. Navy is increasing investment in ships and submarines, requiring more copper-nickel alloys, with new tariffs making domestic supply more competitive.
U.S. currently imports 90% of copper-nickel alloys for defense from France, but tariffs and supply chain security are shifting focus to domestic production.
Capital investment and expansion plans
Plans to invest $5 million in a vacuum cap furnace for copper-nickel alloy production, targeting $10 million in new revenue within 2-3 years.
Long-term goal to acquire a $25 million radial forge machine, potentially doubling revenue to $100 million, with funding sought from DoD grants or appropriations.
Facility has capacity for expansion, with 12 of 20 acres in use and recent upgrades to foundry and plant infrastructure.
Utilization rates are high, prompting need for more equipment and growth programs to maximize output.
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