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Sunday, December 10, 2023

Ionic Rare Earths Limited REO Magnet Recycling Increase to 24/7 for Consumer Samples

Perth, Australia (ABN Newswire) – The Board of Ionic Rare Earths Minimal ( ASX: IXR) (OTCMKTS: IXRRF) is delighted to offer an upgrade concerning its uncommon earth magnet recycling organization Ionic Technologies International Ltd (” Ionic Technologies”), a 100% owned subsidiary based in Belfast UK.

Ionic Technologies is an international very first mover in the recycling of Neodymium-Iron-Boron (NdFeB) long-term magnets to make it possible for the development of sustainable, traceable and sovereign Unusual Earth supply chains.

Ionic Technologies has actually gotten numerous brand-new queries relating to partnering with the Business to use its magnet recycling innovation to protect sustainable uncommon earths supply. Ionic is now increase its abilities and moving operations at its Presentation Plant to 24 hr, 7 days a week production capability, which will make it possible for higher volumes of uncommon earths to be produced for samples to possible clients, and which will assist in transforming these conversations into industrial arrangements.

Ionic Technologies has actually currently effectively protected financing for 2 environments grants from the UK Federal government’s Innovate UK amounting to GBP2 million (A$ 3.90 million) (ASX 12 September 2023) which offers a considerable recommendation of the Business and the innovation. Ionic Technologies effective grant financing submissions centred on 2 environments tasks:

1. in collaboration with Ford Technologies (Ford) and Less Typical Metals (LCM), Ionic Technologies will establish a traceable, circular supply chain of uncommon earths for application in EV motors within the UK; and

2. in collaboration with the British Geological Study, Ionic Technologies will finish an expediency research study and supply chain analysis for a business magnet recycling plant in Belfast.

Ionic Technologies’ Presentation Plant has actually currently produced amounts of high pureness (> > 99.5%) neodymium (Nd) and dysprosium (Dy) uncommon earth oxides (REOs), as revealed 19 June 2023. After preliminary procedure commissioning and production runs through Q3 2023, Ionic Technologies has actually set up extra processing devices, and remains in the lasts of updating the set up control system which is now going through processing commissioning and is anticipated to be finished by the end of 2023. Ionic Technologies is targeting 24/7 operations from early January 2024, with industrial production goes to support the LCM and Ford cooperation, and processing end of life magnet samples for other possible clients.

These extra supply chain engagement conversations have actually advanced based upon reverse query post production of high pureness REOs in June 2023. The Business is assessing numerous considerable chances throughout the uncommon earth supply chain, and advancing supply plans with leading organizations in the long-term magnet supply chain.

Innovation Introduction

Because its starting in 2015, as a spinout from Queens University Belfast (QUB), Ionic Technologies has actually established procedures for the separation and healing of REEs from mining ore focuses and waste long-term magnets.

The innovation established is an action up in effective, non-hazardous, and financially feasible processing with very little ecological footprint.

Ionic Technologies exclusive innovation offers a universal approach for the healing of high pureness grade uncommon earth aspects from lower quality and variable grade magnets, to be utilized in the manufacture of contemporary high-performance and high requirements long-term magnets needed to support significant development in both electrical lorry (EV) and wind turbine release.

* To see tables and figures, please see:

About Ionic Rare Earths Minimal:

Ionic Rare Earths Minimal ( ASX: IXR) (OTCMKTS: IXRRF) is concentrated on establishing its flagship Makuutu Rare Earths Task in Uganda into a considerable long life, low-cost, provider of high-value important and heavy uncommon earths.

Makuutu is an advanced-stage, ionic adsorption clay-hosted job highlighted by near-surface mineralisation, considerable expedition upside, exceptional metallurgical qualities and access to tier-one facilities.

The ionic adsorption clay-hosted geology at Makuutu resembles significant uncommon earths tasks in Southern China, which are accountable for most of international supply of low expense heavy and important uncommon earths, particularly the high worth magnet metals (Dysprosium and Terbium) Heavy Unusual Earths (>> 98% stemming from ionic clays). Metallurgical screening at Makuutu has actually returned exceptional healing rates, which offer numerous opportunities for an easy procedure path.

Makuutu is well-supported by tier-one existing facilities that includes access to significant highways, roadways, power, water and an expert labor force.

Unusual Earths will play an important function in the future of tidy energy. Unusual Earths are an essential active ingredient in the long-term magnets discovered in wind turbines and electrical automobiles.

IonicRE is led by a knowledgeable and tested group, who have the abilities to provide Makuutu into production and understand worth for all stakeholders.

Ionic Rare Earths Minimal

For Australian Media
Nigel Kassulke
E: [email protected]
T: +61 (0) 407 904 874

For Financier Relations
Peter Taylor
NWR Communications
E: [email protected]
T: +61 (0) 412 036 231

For UK Media
Tim Blythe
E: [email protected]
T: + (0) 20 7138 3553

For NI Media
Katie Doran
Lanyon Group
E: [email protected]
T: +44 (0) 28 9018 3242


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