NEWS Belfast’s Rare Earth Recycling Push: Promise, Perspective, and the Gaps

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Ionic Rare Earths secures £11m UK government support for CirculaREEconomy project, aiming to recycle rare earths and reduce dependence on China.

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Written by: Daniel

 

[NdPrDyTbHo]

Your analysis significantly understates IXR's achievements and commercial readiness. The article's characterization of IXR as an "aspirational demonstration project" ignores:

1. World-leading technology achieving 99.5%+ purity separated REOs
2. 15,000kg+ production demonstrating sustained commercial capability 24/7 production since 1.01.2024
3. Comprehensive feasibility study showing 43.6% IRR and US$502 million NPV, + Capex and Opex
4. Unprecedented OEM consortium providing customer validation, VAC LCM FORD
5. £85 million capital requirement clearly defined and partially funded
6. Over $15.0M in grants in the past 2 years from the UK Gov ATF APC With a Grant officer seeing the final stages of the Commercial Plant funding.
7. TRL 8-9 validation representing near-commercial technology maturity
8. UK Consortium Partners, Once Commercial Funding is received partners will turn into Off-take and Binding Agreements
9. VIRIDION in Brazil JVCo IXR and VMM
10. IXRs Ionic Technologies using its Multi-Amide Ionic Liquid Separation IP with Selective Engineered Ligands has created the world's first fully circular rare earth economy - from spent magnets through Belfast recycling to Ford Puma EVs supported by UK government grants, and back to recycling.
11. Makuutu shovel ready IAC deposit 45% HREOs , with a Mining Licence secured
12. Magnet Feedstock secured with EMR, VAC, GKN and JS Link

I think IXR, Ionic Technologies, Viridion and Separation IP Technology needs further researching and investigating

https://wcsecure.weblink.com.au/pdf/IXR/02992601.pdf

IXR represents the most advanced Western rare earth recycling operation with proven technology, established partnerships, and clear commercial pathway. IXR's demonstration scale operations, technology validation, and commercial readiness at TRL8-9 Validation, plus the Commercial plant can produce 50,000kg of Separated High Purity Dy and Tb and 350,000kg of Separated High Purity Nd Pr