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Highlights
Ionic Rare Earths Ltd (ASX:IXR, OTC:IXRRF) delivers first shipment of recycled rare earth oxides to Brazil
Shipment produced using proprietary technology from end-of-life magnets processed in Belfast
Initiative part of Viridion JV aimed at boosting local magnet production in Brazil
ASX 200-listed Ionic Rare Earths Ltd (ASX:IXR), (OTC:IXRRF) has made a strategic advancement in the rare earths sector through its latest collaboration in Brazil. The company, operating via its Viridion joint venture, has achieved a milestone by delivering high-purity recycled rare earth oxides for use in magnet manufacturing. This initiative places Ionic Rare Earths at the center of developing a circular supply chain for critical materials in South America.
Delivery of Recycled REOs to Brazilian Facility
The delivery comprises recycled neodymium, praseodymium, dysprosium, and terbium oxides. These materials were sourced from end-of-life magnets recovered in Brazil and processed using proprietary technology at Ionic’s demonstration facility in Belfast. The materials were sent to the CIT SENAI-LabFab facility located in Lagoa Santa, Minas Gerais. This facility will conduct processing trials to validate the recycled oxides for high-grade alloy and magnet manufacturing applications.
Strengthening Local Manufacturing Capabilities
This marks the first known instance where locally sourced end-of-life magnets in Brazil were refined abroad and returned as high-purity inputs for domestic manufacturing. Testing at the LabFab facility will support efforts to expand rare earth alloy and magnet production within Brazil, as part of the strategic vision of the Viridion joint venture. The goal is to establish a sustainable and scalable supply chain for magnetic materials in the region.
Innovation through Long-Loop Technology
The recycling process utilizes Ionic’s proprietary hydrometallurgical long-loop technology. This method is designed to recover rare earth elements from discarded magnets, offering a lower-impact alternative to traditional mining. The recycled materials, once validated, will support industrial production of magnets used in applications such as electric vehicles, wind energy, and advanced electronics.
Joint Venture Targets Localised Supply Chain
Viridion, a collaboration between Ionic Technologies International Ltd and Less Common Metals do Brasil, focuses on building South America’s first rare earth oxide recycling and refining capability. This initiative aligns with Brazil’s broader goals under the MagBras Project, which promotes low-carbon industrial development. Discussions with stakeholders such as Invest Minas continue to support infrastructure expansion for rare earths processing.
Support from Brazilian Government and Industry
CIT SENAI and other local institutions are providing technical oversight during the trial phase. Their involvement reinforces the national commitment to innovation in strategic mineral development. Brazil’s industrial and funding agencies have expressed continued support for initiatives aligned with energy transition and technology advancement.
Positioning for Global Supply Chain Resilience
With rising interest in securing alternative rare earth supply sources outside China, Ionic Rare Earths’ approach to recycling-based production offers a viable path forward. The company’s international expansion strategy includes replicating its Belfast-based model across other global regions. Brazil represents a cornerstone in this approach, with the Viridion joint venture positioned to contribute to regional and global supply chain resilience.
