Commercial Plant will be producing 400,000kg, the Commercial Plant being modular can be expanded, each added module can produce a further 200,000kg of Separated High Purity Rare Earth Oxides.
1kg PM in EV's contains approximately 300g of REOs, for every 1kg of REOs produced by Ionic
400t of REOs enough for approximately 600,000 EVs
This project to be completed mid 2025 with FORD, 7 weeks to go
This will be completed sometime in 2025 with VAC
This will then solidify the Partnership with VAC and FORD with an Offtake Agreement, we have to also take into consideration now, this MOU will solidify in 7 weeks' time
TRL8 and 9 will be signed off
Commercial Plant will be producing 400,000kg, the Commercial...
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