Ionic Rare Earths achieves recycling breakthrough.

Ionic Rare Earths achieves recycling breakthrough. The company's Belfast technology successfully extracted rare earth oxides exceeding 99.5% purity from recycled materials, partnering with Less Common Metals, GKN, and Ford UK to create the Western world's first circular supply chain for electric motor magnets. The hydrometallurgical process recovers neodymium, praseodymium, dysprosium, and terbium, producing magnets equivalent to mined alternatives. This achievement completes the UK government-backed CLIMATES initiative, reducing Britain's dependence on foreign critical mineral imports and strengthening supply chains for clean energy applications. Ionic is now securing £85 million in funding to establish a commercial plant, positioning itself as a key player in sustainable rare earth element production and automotive electrification.