General Chat / Discussion, page-13003

Looks like Funding might be just around the corner BoD getting ready for performance payments.





Like I mentioned in these two posts, Post #: 78670279 and Post #: 78671526

Ionic Technologies has established partnerships with Less Common Metals (LCM), Vacuumschmelze (VAC), and Ford, these relationships are primarily governed by non-binding Memorandums of Understanding (MOUs) rather than definitive agreements, these projects have now validated the Technology, Works 100% what we need now is the whole package

1. Convert the existing MOUs with LCM, VAC, and Ford into definitive contracts that specify volumes, prices, and terms. The current MOU with LCM already outlines collaboration areas that could form the basis for binding agreements, which IXR and LCM will convert to Definitive agreement before May 2024.

https://hotcopper.com.au/threads/ann-ixr-and-lcm-advance-rare-earth-supply-chain-collaboration.8021145/

2. Establish formal arrangements with Ford for recycled magnet supply to its Halewood facility. Even a partial offtake agreement would validate market demand and reduce perceived risk. This Project will be concluded very soon

LCM has also upgraded its Facilities to Accommodate HREE Metal production of around Dy/Tb 30tpa and Nd/Pr to 330tpa, those Amounts of Magnet Alloys Fits Hand in Glove with 400tpa of REOs that Ionic Technologies Commercial Plant can produce, like I stated in my Previous post, it changes everything.

LCM and VAC operate in complementary stages of the rare earth magnet supply chain. LCMʼs 1,097 tpa of alloys enable VAC to produce 4,800 tpa of sintered magnets, leveraging VACʼs expertise in sintering and finishing. This division of labor ensures high-quality magnet production
while maintaining efficient supply chain specialization.




Definitive Partnerships and Offtake agreements is the name of the game! my opinion, could be wrong with those performance rights