Ionic Rare Earths Limited (ASX: IXR) is actively progressing discussions to establish multiple rare earth magnet recycling plants across the United States, aiming to support U.S. efforts to eliminate reliance on Chinese rare earth supplies by 2027. Through its UK-based subsidiary, Ionic Technologies, the company is leveraging patented recycling technology to produce high-purity rare earth oxides (REOs) from end-of-life magnets and industrial waste. This initiative aligns with growing U.S. policy measures to secure critical mineral supply chains vital for defence and manufacturing.
With the U.S. Department of Defense mandating a full phase-out of Chinese rare earths in weapon systems, IonicRE’s low-capex, scalable technology presents a timely solution. Collaborations with U.S. partners are advancing, and the company is also considering expansion through its Viridion JV and other international ventures. The effort positions IonicRE as a key player in creating a secure, domestic REO supply chain independent of China.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.