B. Riley Principal Investments

IperionX is an American company focused on developing sustainable supply chains for titanium and critical materials. Utilizing patented technologies, it produces high-performance titanium alloys from both titanium minerals and scrap, aiming to reduce energy consumption, costs, and carbon emissions. The company operates a pilot facility in Utah, where it creates titanium metal powders from recycled materials. IperionX also owns the Titan Project, a significant mineral resource in Tennessee that encompasses over 11,000 acres rich in titanium, rare earth elements, silica sand, and zircon. Its products are vital for advanced industries, including aerospace, defense, electric vehicles, and additive manufacturing, where sustainability and low carbon intensity are increasingly important.

AppHarvest, Inc. is a food production company based in Lexington, Kentucky, established in 2017. It focuses on building and operating controlled-environment greenhouse farms that utilize advanced technology to grow non-GMO, chemical-free vegetables. By combining traditional agricultural practices with modern innovations, AppHarvest aims to create a sustainable and climate-resilient food system. The company's greenhouses are designed to optimize water usage, distributing more while significantly reducing overall consumption. Through its efforts, AppHarvest seeks to address the challenges of food production in a changing climate, contributing to a more sustainable agricultural landscape.