IonicRE subsidiary mulls expansion of Belfast magnet recycling demo plant's capacity
Amid significant demand for the production of rare earth oxides (REOs) from magnet recycling, which is currently essentially non-existent in the Western world, Ionic Technologies International, a subsidiary of ASX-listed Ionic Rare Earths (IonicRE), is exploring options to increase the capacity of its demonstration plant, in Belfast, in the UK. IonicRE points out that Ionic Technologies continues to receive numerous requests from various magnet REO supply chain participants and potential strategic partners to run both end-of-life magnet material and swarf and magnet production waste streams trials through the Belfast rare earth recycling plant.