IXR ionic rare earths limited

How's this for starters, 1. Demonstration Plant SuccessBuilt and...

  1. 7,220 Posts.
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    How's this for starters,

    1. Demonstration Plant SuccessBuilt and commissioned at 30 tpa demonstration plant in Belfast, UK, which is now fully booked for 18 months due to strong customer demandAchieved continuous production of high-purity (99.9%+) separated REOs by March 2024, making it the first producer of recycled separated magnet REOs in the Western worldSuccessfully demonstrated production of high-purity terbium oxide (Tb₄O₇), producing approximately 2.8 kg at >99.5% purity

    2. Strategic Partnerships SecuredSigned MOU with Less Common Metals (LCM) to expand recycling opportunities across UK and USA, creating a Western magnet rare earths supply chain, Partnership with VAC (Vacuumschmelze) for the REEValuate Project to produce rare earth alloys for permanent magnets containing 100% recycled HREEs and LREEs, Collaboration with Ford to deliver recycled rare earth magnets to Ford's EV drive train production facility in Halewood, UK, testing magnets containing recycled REEs.

    3. Government Support & FundingSecured over £5M in UK government funding to date, awarded £1.265M (A$2.46M) in UK government grants for two new projects:£843k for the REEValuate Project with LCM and VAC£422k for the MAGNOSTIC Project for demagnetization solutions, Preparing application for significant capital grant from UK Automotive Transformation Fund.

    4. Commercial Plant DevelopmentCompleted positive Feasibility Study for a 400 tpa commercial plant in Belfast with outstanding financials:

    Plant designed to process 1,200 tpa of feedstock to produce 400 tpa of separated REOs:

    350 tpa NdPr oxide

    37 tpa Dy oxide

    13 tpa Tb oxide


    5. Technology AdvancementDeveloped unique hydrometallurgical process that can recycle any form of mixed waste magnets regardless of type, age or coatingsAchieved high purity separation of individual REOs (Nd, Pr, Dy, Tb) at >99.9% purityCreated a closed-loop circular process where all waste returns to Ionic for recyclingProgressed to TRL 7-8 (Technology Readiness Level), moving toward full commercial deployment,

    6. Global ExpansionExecuted 50:50 joint venture in Brazil with Viridis Mining for REE refining and recyclingExploring options for increased capacity at Belfast plant due to strong demand identified sites in US, Brazil and Asia where the technology can be replicated with enhanced economics.

    7. Environmental LeadershipRecycling process delivers 53-61% lower CO₂ emissions compared to mining, established a truly circular supply chain where magnet manufacturing waste is recycled back through Ionic Technologies.

    8. Ionic Technologies is now targeting a Final Investment Decision in H2 in 2025 and first production from the commercial plant in late 2026, positioning IXR at the forefront of Western rare earth oxide supply.

    https://hotcopper.com.au/data/attachments/6954/6954282-cdbd9af6fff8ab149521ec66de537764.jpg

    Can you think of anything else they can show apart from what everyone here is waiting for?
 
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