The previous post discussed the sheer volume required, not only the Importance—and that’s just for the US Department of Defense, car manufacturers (OEMs), medical equipment, wind energy, commercial aircraft manufacturing, aerospace engineering, robotics, and AI computers. This demand is solely within the US, which is still years away from being able to produce enough rare earth oxides, magnet alloys, and sintered permanent magnets to meet these needs
Just for Defense Ionic Technologies wouldn't be enough, still would need others (RE Companies) to be involved, so DoD would have to give out a few contracts
IXR Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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