Ionic Rare Earths Limited (AU:IXR) has released an update.
Ionic Rare Earths Limited is experiencing robust demand for its magnet recycling technology, with its Belfast Demonstration Plant’s schedule fully booked until Q3 2025, prompting the company to explore capacity expansion. The company is advancing discussions on potential commercial partnerships, leveraging its unique technology to address the growing need for rare earth oxide production from recycling. This surge in demand is part of IonicRE’s strategic efforts to cement its role in establishing a multinational ex-China supply chain for critical rare earth elements necessary for green and digital technologies.
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