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Ionic Rare Earths and US Strategic Metals Form JV to Build US Magnet Recycling Hub

9:25am on Thursday 3rd of September, 2026 AEST Mining
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Ionic Rare Earths and US Strategic Metals Form JV to Build US Magnet Recycling Hub

9:25am on Thursday 3rd of September, 2026 AEST
Key Points
  • 50-50 JV to build magnet recycling facilities in Missouri
  • US$100 million funding mainly from US Strategic Metals
  • Focus on recycling NdFeB and SmCo magnets plus heavy rare earths
  • Ionic Technologies to license magnet recycling technology
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