Novel electronic state of honeycomb iridate Cu$_2$IrO$_3$ at high pressure

Cu$_2$IrO$_3$ has attracted recent interest due to its proximity to the Kitaev quantum spin liquid state and the complex structural response observed at high pressures. We use x-ray spectroscopy and scattering as well as electrical transport techniques to unveil the electronic structure of Cu$_2$IrO$_3$ at ambient and high pressures. Despite featuring a $\mathrm{Ir^{4+}}$ $J_{\rm{eff}}=1/2$ state at ambient pressure, Ir $L_{3}$ edge resonant inelastic x-ray scattering reveals broadened electronic excitations that point to the importance of Ir $5d$-Cu $3d$ interaction. High pressure first drives an Ir-Ir dimer state with collapsed $\langle \mathbf{L} \cdot \mathbf{S} \rangle$ and $\langle L_z \rangle/\langle S_z \rangle$, signaling the formation of $5d$ molecular orbitals. A novel $\mathrm{Cu \to Ir}$ charge transfer is observed at the onset of phase 5 above 30 GPa at low temperatures, leading to an approximate $\mathrm{Ir^{3+}}$ and $\mathrm{Cu^{1.5+}}$ valence, with persistent insulating electrical transport seemingly driven by charge segregation of Cu 1+/2+ ions into distinct sites. Concomitant x-ray spectroscopy and scattering measurements through different thermodynamic paths demonstrate a strong electron-lattice coupling, with $J_{\rm{eff}}=1/2$ and $\mathrm{Ir^{3+}}$/$\mathrm{Cu^{1.5+}}$ electronic states occurring only in phases 1 and 5, respectively. Remarkably, the charge-transferred state can only be reached if Cu$_2$IrO$_3$ is pressurized at low temperature, suggesting that phonons play an important role in the stability of this phase. These results point to the choice of thermodynamic path across interplanar collapse transition as a key route to access novel states in intercalated iridates.