The UK government has recognised the strategic importance of this project and has already provided £5 million in grants and commitments to date, IXR has delivered a Demo Plant that can produce Separated High Purity Magnet and Heavy rare earths (Dy Tb), has proven the IP and Delivered a Positive FS.
LCM, IXR and VAC unite to develop 100% recycled RE magnets, LCM signs MOU with IXR to strengthen opportunities to build magnet RE supply chain and LCM IXR and FORD to establish a demonstration circular supply chain for Rare Earth in the UK, by utilising innovative technologies to create high specification magnets containing 100% recycled REEs for use in Electrical Vehicles for FORD.
IXRs strategy leveraging its intellectual property and process design expertise to partner with industry players and investors, minimising its own capital requirements. Ionic Technologies has demonstrated its recycling technology at Demonstration scale and is in discussions with strategic investors and potential offtake partners and will use the Commercial Plant to make positive cashflow but at the same time use the Commercial Plant (Demo Commercial Plant) as a template in other countries
IXR should now only concentrate on Ionic Technologies, processing and refining Magnet Products and Rare Earth Mining concentrates, building and expanding partnerships with Alloy Makers. Magnet Makers, OEMs, Governments and spreading there IP to as many countries as possible, Refining Separated High Purity Rare Earth Oxides Nd Pr Dy Tb Ho, Low Capex and Very Low Opex.
Viridion Rare Earth Technologies 50% Ionic Rare Earths, Ionic Technologies, more partnerships in the making, with a Scoping Study early this year with support from the Brazilian government, and We now have Viridis, Meteoric, Brazilian Critical Minerals, Lab Fab Magnet Manufacturing, plus Ionic Rare Earths, Ionic Technologies JVCo with Viridis, Viridion Rare Earths Technologies that will be able to process and Refine MREC and Swarf to High Purity Separated Rare Earth Oxides for Lab Fab.
1. JV IXR LCM FORD 2. JV IXR LCM VAC 3. JVCo VMM IXR = VIRIDION 4. JVCo VIRIDION VMM MEI BCM and MINAS GERAIS(FAB LAB + IAC Companies)
PLUS many more Stakeholders & Partners
All this from mid 2023 to now
Security of Supply is worth premium PRICING in the knowledge of having this product without disruption and a closed loop supply ecosystem without external influences.
Being CHINA!
That's what it's all about
IXR Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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