The Board of Ionic Rare Earths Limited announces it has signed a non-binding Memorandum of Understanding with UK based metals and alloy manufacturer Less Common Metals Limited to work.
The Board of Ionic Rare Earths Limited (ASX:IXR) (OTCMKTS:IXRRF) announces it has signed a non-binding Memorandum of Understanding (MOU) with UK based metals and alloy manufacturer Less Common Metals Limited ( LCM ) to work collaboratively on building a Western supply chain for rare earth permanent magnet (REPM) production.
Ionic Rare Earths Ltd (ASX:IXR, OTC:IXRRF) has entered into a Memorandum of Understanding (MoU) with UK-based metals and alloys manufacturer Less Common.
ASX-listed Ionic Rare Earths (IonicRE) has signed a nonbinding memorandum of understanding (MoU) with UK-based metals and alloy manufacturer Less Common Metals (LCM) to work collaboratively on building a Western supply chain for rare earth permanent magnet production. Under the terms of the MoU, both IonicRE and LCM will seek to formalise definitive agreements to collaborate on the supply of materials for high-purity rare earth oxides (REOs).
The Board of Ionic Rare Earths Limited is very pleased to advise that continuous production of high purity, recycled magnet rare earth oxides has commenced at scale on the Demonstration Plant at.