Positive Feasibility Study Demonstrates Profitable Magnet Recycling Business in UK

Positive Feasibility Study Demonstrates Profitable Magnet Recycling Business in UK- Ionic Rare Earths Limited (“IonicRE” or the “Company”) (ASX: IXR) wholly owned subsidiary Ionic Technologies is on track for the development of a unique commercial REO manufacturing facility in Belfast, UK, following the successful completion of a Feasibility Study that demonstrates both strong financial returns and environmental sustainability. The study positions Ionic Technologies as the ‘first mover’ in the development of a sustainable, traceable and sovereign UK/Europe supply chain, meeting the demands of the net-zero transition, advanced manufacturing and defence. Feasibility…

Source: investingnews.com