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IonicRE, Less Common Metals collaborate on expanding magnet rare earths supply chain

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).
United Kingdom Brett Lynch Grant Smith Ionic Technologies International Initiative For Responsible Mining Assurance Ford European Union

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