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Ionic Rare Earths JV Secures Key Step Toward US$900M Brazilian Refining Hub

9:11am on Monday 28th of July, 2025 AEST Mining
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Ionic Rare Earths JV Secures Key Step Toward US$900M Brazilian Refining Hub

9:11am on Monday 28th of July, 2025 AEST
Key Points
  • Viridion advances to Joint Support Plan phase for R$5 billion funding
  • Funding package to include grants, debt, and possible equity participation
  • Development of South America’s first rare earth refining and recycling hub
  • Pilot plants and magnet recycling facilities planned in Minas Gerais
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