(NewsDirect)
Ionic Rare Earths Ltd(ASX:IXR) managing director Tim Harrison joins Jonathan Jackson in theProactive studio to discuss the production of a high-purity terbiumoxide sample at its Belfast Pilot Plant. Harrison shared insights intothis achievement, emphasising its role in advancing the company'sposition in the global market for heavy rare earth elements(REEs).
Theterbium oxide sample of more than 2.8 kilograms with a purityexceeding 99.5%, showcases IonicRE's advanced separation andbeneficiation processes. The development enhances its partnershipswith key industry players Less Common Metals and Ford Technologies,and aligns with the broader goal of establishing a secure andsustainable supply chain in the Western world for critical REEs.
Terbium is essential forenhancing the performance of magnets used in wind turbines andelectric vehicles.
Looking ahead,Ionic Technologies, a subsidiary of IonicRE, is on the cusp ofstarting continuous separated magnet REO production at itsdemonstration plant, marking a pivotal moment in meeting theburgeoning demand for REEs in the Western markets.
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