Latest Magnet Recycling News

Ionic Rare Earths advances its global rare earths strategy with significant UK government funding, increased heavy rare earth oxide production, and a $15.6 million capital raise backed by a strategic US investor.

Ionic Rare Earths has expanded its capital raising to $15.6 million, driven by a $3 million strategic investment from US firm Argentem Creek Partners and strong shareholder support. The funds will accelerate projects across magnet recycling, rare earth refining, and US supply chain development.

Ionic Rare Earths has raised $15.6 million through a heavily oversubscribed rights issue and placement, anchored by a $3 million strategic investment from U.S.-based Argentem Creek Partners. The capital will fund the company’s global expansion in magnet recycling and rare earth supply chain development amid rising geopolitical tensions.

Iondrive Limited has inked a binding Term Sheet with Livium Limited to commercialise its innovative Deep Eutectic Solvent (DES) technology for recycling critical materials from batteries, solar panels, and e-waste in Australia, with a pilot plant set to begin commissioning by the end of 2025.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

Ionic Rare Earths advances its rare earths strategy with major UK government funding, Brazilian JV progress, and US expansion talks amid China export controls.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has advanced to the next phase of securing a substantial US$900 million funding package from Brazilian government agencies to develop rare earth refining and recycling facilities.

Ionic Rare Earths’ Brazilian joint venture Viridion has secured land and government backing to build South America’s inaugural rare earth refining and recycling centre, aiming to start operations by late 2026.

Ionic Rare Earths’ UK subsidiary, Ionic Technologies, has won £11 million in government funding to spearhead a pioneering rare earth permanent magnet supply chain for electric vehicles, aiming to reduce UK dependence on Chinese exports and boost domestic EV manufacturing.

Ionic Rare Earths Limited has clarified that its recent share price jump is driven by a series of positive corporate developments and an upcoming shareholder vote on a capital raising, with no undisclosed information influencing the market.

Ionic Rare Earths is advancing plans for multiple magnet recycling plants in the US, leveraging patented technology to produce high-purity rare earth oxides amid growing demand for sovereign supply chains.

Ionic Rare Earths is broadening its Viridion Joint Venture to include a US-based rare earth refinery, aiming to strengthen a secure supply chain for critical magnet and heavy rare earth oxides outside China.