Key Developments

In July 2022 Materion Corporation jointly commissioned a Molten Salt Purification Plant (MSPP) with Kairos Power at Materion's location in Elmore, Ohio, for the commercial production of Flibe, a molten salt coolant used in nuclear energy production.
In April 2022 IBC Advanced Alloys Corp., a beryllium and copper advanced alloys company, launched copper alloy casting at its new and expanded copper alloy foundry facility in Franklin, Indiana.
In April 2020, IBC Advanced Alloys Corp. announced that it plans to continue to manufacture its strategic alloy products because of the Company’s essential role as a part of the US Defense Industrial Base.
In August 2019, IBC Advanced Alloys Corp. announced that it received new orders of high-performance beryllium-aluminum alloy parts made from IBC’s proprietary Beralcast material from a leading global manufacturer of semiconductor and electronics assembly equipment. The orders for the fourth quarter in 2019, made under an existing exclusive supply agreement between IBC and the semiconductor assembly equipment manufacturer, were valued at USD 400,000.