The Commercial Plant in Belfast would be the UK’s first facility to produce separated magnet REOs (Nd, Pr, Dy, Tb) from recycled feedstock, addressing a critical gap in the EV, wind turbine, and defense supply chains.
The delay reflects bureaucratic alignment, not project weakness. Ionic remains the UK’s best-positioned rare earth recycler to secure funding and meet surging demand for Western-sourced REOs.
I believe the UK government’s delay in announcing the ATF grant decision is strategic, not indicative of rejection. By synchronizing with the Critical Minerals Strategy 2025 and Industrial Strategy 2035, Ionic’s project becomes a flagship example of the UK’s commitment to all my previous posts on this subject from the reply above to this post.
Dec 2025
March 2025
more breathing space for funding
GLTAH just need to be patient
IXR Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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