To sum up - this is just the USA, will this floor price be introduced by other countries?
IXR: Positioned to Play a Major Role in U.S. REE Independence
Ionic Rare Earths (IXR) is increasingly well-placed in light of recent U.S. policy moves to secure a rare earth magnet supply chain independent of China. The U.S. government’s decision to introduce a 10-year pricing floor for NdPr—currently set at $110/kg—adds real weight to offtake agreements and changes the economics of many REE projects, including IXR’s.
What sets IXR apart is its MAIL (Magnet Recycling and Ionic Adsorption Leach) technology—a patented process that enables the recovery of REEs from both mined sources and recycled end-of-life magnets. This dual-stream capability gives IXR flexibility that few peers can match.
Why MAIL Matters:
Recycled + Mined: Diversifies feedstock and reduces reliance on virgin materials.
Low-Cost & ESG-Aligned: MAIL has a smaller environmental footprint and is well-suited to meet U.S. and global ESG benchmarks.
Modular Rollout: MAIL plants are scalable and can be deployed near industrial or military REE demand zones, cutting transport and refining bottlenecks.
Policy Fit: The process aligns directly with U.S. objectives to de-risk REE supply chains and develop onshore capacity.
IXR’s Belfast facility is the pilot proof. It has demonstrated MAIL’s technical and commercial viability. But the real opportunity lies in what comes next: rolling out MAIL hubs at scale across the U.S., especially near e-waste sources, defense contractors, and magnet manufacturers.
This model could enable multiple 50–200 tonne/year facilities, integrated into a vertically controlled supply chain. It’s the type of infrastructure the U.S. government is now actively encouraging via DoD, DoE, and CHIPS Act funding, as well as offtake commitments.
For investors, this matters. A pricing floor means IXR’s feasibility studies gain predictability and stronger economics. It reduces risk, boosts IRR/NPV, and makes project financing and partnerships more likely. Add to that a unique technology platform, and IXR becomes more than a mine—it’s a potential supply chain enabler in a sector undergoing strategic transformation.
Plenty of work still to do—but the direction of travel is clear.
The U.S. is building an REE supply chain. IXR has a model ready to plug into it.
(20min delay)