IXR
22 January 2024
IONICRE’S MAGNET RECYCLING PLANTNOW IN CONTINUOUS OPERATION INBELFAST, UK
• 24/7 operation has commenced at the Ionic Technologies Magnet RecyclingDemonstration Plant in Belfast, UK;• Production will be fed directly into UK Government sponsored project with Fordand Less Common Metals;
• 2.7 tonnes of end of life (EOL) permanent magnets have been processed throughcrushing and grinding circuits, ready for startup of leaching and separationcircuits;
• Continuous operations are de-risking the technology and the process flowsheet;and
• Other supply chain collaborations with rare earth metal, alloy, and magnetmanufacturers plus Original Equipment Manufacturers (OEMs) underway toexpand global offering from Ionic Technologies.
The Board of Ionic Rare Earths Limited (“IonicRE” or “the Company”
(ASX: IXR) is pleased to advisethe commencement of 24/7 operations at Ionic Technologies International Ltd (“Ionic Technologies”
,a 100% owned subsidiary based in Belfast, UK.
