- Magnet recycling Demonstration Plant achieves continuous production of magnet Rare Earth Oxides (REOs) at Ionic Technologies' technical facility in
- 11.5 kg of 99.8% grade of Didymium (Neodymium-Praseodymium, NdPr) Oxide produced;
- Throughput ramping up to name plate capacity, approximately 10 tonnes REO per annum;
- Dysprosium/Holmium (Dy/Ho) strip liquor produced ready to undergo separation to produce high purity Dy2O3 and Ho2O3 products;
- Continuous production demonstrates capability, as part of a
- Success supports further opportunities for commercialisation globally with several discussions underway indicating a full operational plan for the Demonstration plant through to mid 2025; and
- Ionic Technologies has "first mover" advantage in the recycling of separated magnet Rare Earth Oxides and is exploring opportunities to advance
Ionic Technologies is a global first mover in the recycling of Neodymium-Iron-Boron (NdFeB) permanent magnets to high purity separated magnet rare earth oxides (REOs) - enabling the creation of sustainable, traceable, and sovereign rare earth supply chains.
Ionic Technologies is now a producer of a suite of magnet REOs including neodymium oxide (Nd2O3) didymium oxide (NdPr oxide), dysprosium oxide (Dy2O3) and terbium oxide (Tb4O7) and is the first to produce such high-quality REO products in the
"The commercialisation of our recycling technology is moving rapidly, and the
"Our supply chain partners have expressed significant interest in procuring REOs from secondary sources, and with this milestone, we are confident in delivering a full schedule of magnet recycling campaigns through to mid-2025."
The
"IonicRE aims to progress the technology with the deployment of modular recycling initiatives in western markets looking to develop domestic, secure, and sustainable supply chains to address strategic supply and sovereign security, placing IonicRE at the epicentre of rare earth element recycling".
Continuous Production Achieved
Ionic Technologies commenced operations processing an end of life (EOL) permanent magnet from a decommissioned wind turbine generator. The permanent magnet composition included 26.7% neodymium (Nd), 5.4% praseodymium (Pr), 1.0% dysprosium (Dy) and 1.4% holmium (Ho).
Following the completion of process commissioning, Ionic Technologies has successfully separated NdPr from heavy rare earth elements (REE) DyHo (see Figure 3*) which will undergo further separation to produce high purity Dy2O3 and Ho2O3 product.
The first production from continuous Demonstration Plant activity has produced approximately 11.5 kg of NdPr oxide grading greater than 99.8% NdPr oxide (total REO content of 99.99%). The production of NdPr oxide at Demonstration Scale follows previous successful production of maiden Nd2O3 grading 99.7% and Dy2O3 grading 99.8% (ASX
Initial production of NdPr oxide, and subsequent Dy2O3 and Tb4O7 to be produced, supports our collaboration with partners Less Common Metals (LCM) and Ford Technologies. Ionic Technologies will supply REOs to LCM, who will produce alloys for magnet production to be developed in
Following the successful commissioning and first continuous production from the Demonstration Plant, Ionic Technologies is now entering late-stage negotiations in relation to strategically significant production campaigns, with a view to progressing towards commercial agreements to roll the technology out to western end users.
The continuous Demonstration Plant will also support the completion of a Feasibility Study into a commercial scale facility, expected by mid-2024 (ASX
Based upon magnet recycling progress, and given the footprint being established in the
About the production of REOs at Ionic Technology
Ionic Technologies is a 100% owned subsidiary of IonicRE, based in
The process uses a hydrometallurgical process to extract the rare earth elements (REE), then separate the individual magnet REEs within - Nd, Pr, Dy and Tb - and finally refine to high purity individual magnet rare earths oxides (REO).
In
In
1. in partnership with Less Common Metals (LCM) and Ford Technologies, Ionic Technologies will develop a traceable, circular supply chain of rare earths for application in EV motors within the
2. in partnership with the
The magnet recycling Demonstration Plant will provide the data for the development of commercial facilities.
The Ionic Technologies magnet recycling process is agnostic on magnet quality, can process oxidised magnets, and can also manage coatings and films, to produce individually separated and refined high purity REOs.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/O7Y08VA7
About
Makuutu is an advanced-stage, ionic adsorption clay-hosted project highlighted by near-surface mineralisation, significant exploration upside, excellent metallurgical characteristics and access to tier-one infrastructure.
The ionic adsorption clay-hosted geology at Makuutu is similar to major rare earths projects in
Makuutu is well-supported by tier-one existing infrastructure which includes access to major highways, roads, power, water and a professional workforce.
Rare Earths will play a critical role in the future of clean energy. Rare Earths are a key ingredient in the permanent magnets found in wind turbines and electric vehicles.
IonicRE is led by an experienced and proven team, who have the capabilities to deliver Makuutu into production and realise value for all stakeholders.
Contact:
E: investors@ionicre.com
T: +61 (3) 9776 3434
For Investor Relations
E: peter@nwrcommunications.com.au
T: +61 (0) 412 036 231
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