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Ionic Rare Earths Achieves Major CO2 Reduction in Magnet Recycling

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Ionic Rare Earths Achieves Major CO2 Reduction in Magnet Recycling

Ionic Rare Earths Limited ( (AU:IXR) ) has provided an announcement.

Ionic Rare Earths Limited announced that a peer-reviewed study by Minviro has confirmed significant reductions in CO2 emissions from its magnet recycling process, with up to 61% lower emissions compared to traditional mining sources. This positions the company as a leader in sustainable rare earth supply chains, particularly benefiting OEMs in the defense, advanced manufacturing, and renewable sectors by offering a more environmentally friendly alternative to conventional REO production.

More about Ionic Rare Earths Limited

Ionic Rare Earths Limited operates in the rare earth elements industry, focusing on the production and recycling of rare earth oxides (REOs) such as Didymium and Dysprosium oxides. The company is committed to advancing net-zero supply chains for magnet rare earths production, with a particular emphasis on reducing carbon emissions through innovative recycling technologies.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$31.43M

For an in-depth examination of IXR stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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