middle.news

How Ionic Technologies Is Leading the UK’s £11M Rare Earth Magnet Supply Chain Breakthrough

9:31am on Monday 14th of July, 2025 AEST Mining
Read Story

How Ionic Technologies Is Leading the UK’s £11M Rare Earth Magnet Supply Chain Breakthrough

9:31am on Monday 14th of July, 2025 AEST
Key Points
  • £11 million UK government funding awarded to Ionic Technologies-led CirculaREEconomy project
  • Consortium includes Ford, Bentley, Wrightbus, Less Common Metals, EMR, BGS, GKN, and Vacuumschmelze
  • Focus on recycling and producing high purity rare earth oxides for electric vehicle motors
  • Project aligns with UK’s DRIVE35 program to electrify automotive supply chains
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Ionic Rare Earths (ASX:IXR)
OPEN ARTICLE