IXR 0.00% 1.3¢ ionic rare earths limited

Not much fact checking by IXR. The production of the maiden...

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    Not much fact checking by IXR.

    The production of the maiden terbium (Tb) samples are another first in the magnet recycling industry,
    highlighting IonicRE’s ability to develop a Western supply chain for this key magnet rare earth oxide
    (REO). The achievement follows IonicRE’s successful magnet REO production from Demonstration
    Plant in 2023, and significant progress with its wind turbine magnet recycling program, as announced
    to the ASX on 14 March 2024.

    Rare Earth Salts Announces Commercial Scale Production of Heavy & Light Rare Earth Elements Using Breakthrough Technology

    • Rare Earth Salts addresses the global challenge of the rare earth element (REE) supply chain for critical materials.
    • Company is the first fully domestic United States supply chain for heavy rare earth oxides.
    • Rare Earth Salts is the only commercially scaled NON-Solvent Extraction heavy rare earth element separation company in the world.
    August 29, 2023
    BEATRICE, Neb.--(BUSINESS WIRE)--Rare Earth Salts Separations & Refining LLC, a leading U.S.-based rare earth separation company, today announced the production and sales to domestic and international offtake partners of high-purity Terbium (Tb) and Yttrium (Y) from domestic recycled feedstock. This is the first fully domestic U.S. supply chain for heavy rare earth oxides, reflecting a company philosophy of “waste to value” creation.

    Terbium, a scarce heavy element, plays a critical role in national security, energy independence and the environmental future. Terbium is essential in manufacturing rare earth permanent magnets, which are necessary for high-performance military applications, automotive drivetrains, compact motors, wind turbines and more.

    Rare Earth Salts has developed industry-changing commercial processes to produce three of the “BIG 4” most critical rare earth oxides: neodymium, praseodymium and terbium. In addition to its terbium and yttrium production, Rare Earth Salts recently produced hundreds of kilograms of high-purity NdPr from light rare earth concentrate feedstock. Rare Earth Salts also previously produced many metric tons of high-purity lanthanum.


    https://www.businesswire.com/news/home/20230822581586/en/Rare-Earth-Salts-Announces-Commercial-Scale-Production-of-Heavy-Light-Rare-Earth-Elements-Using-Breakthrough-Technology
 
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