IXR ionic rare earths limited

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    MKANGO RESOURCES LTD.

    550 Burrard Street

    Suite 2900

    Vancouver

    BC V6C 0A3

    Canada

    PILOT PLANT SUCCESSFULLY COMMISSIONED FOR LONG-LOOP RECYCLING OF RARE EARTH MAGNETS

    01 July 2024

    Highlights

    · Mkango Rare Earths UK has successfully commissioned a long-loop recycling pilot plant at
    Tyseley Energy Park in Birmingham, which processes NdFeB magnet scrap or swarf to produce rare earth carbonates and oxides via a chemical route

    · Complements the short-loop recycling plant currently being commissioned by HyProMag and University of Birmingham also at Tyseley Energy Park, which processes NdFeB magnet scrap to produce rare earth alloys and magnets

    · Both recycling processes are underpinned by the patented Hydrogen Processing of Magnet Scrap (HPMS) technology developed at University of Birmingham, which liberates NdFeB magnets from end-of-life scrap streams in a cost effective and energy efficient way


    https://www.voxmarkets.co.uk/rns/announcement/8a2145fe-bcb0-461e-8823-d947db4b15a3/
 
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