Ionic Rare Earths, listed on the ASX, has recently entered into a significant partnership agreement with Ford Technologies, Less Common Metals (LCM), and the British Geological Survey to establish a rare earth supply chain based in the UK, utilizing recycled magnets.
Ionic's subsidiary, Ionic Technologies, will employ recycling technology to produce high-purity, separated, and traceable rare earths from end-of-life magnets and swarf.