Ionic Rare Earths - Miners News Global

Viridion JV inks Brazilian RE magnet supply pact

November 12, 2024November 12, 2024 Miners News

Ionic Rare Earths and Viridis Mining and Minerals joint venture Viridion has signed a memorandum of understanding (MoU) with the owner of Lab Fab, the first rare earth magnet laboratory in South America, to secure rare earth magnet production capacity. The new pact with SENAI FIEMG Innovation and Technology Centre of Minas Gerais is set to make Viridion the first…

Ionic Rare Earths, Viridis form REE joint venture

April 9, 2024April 9, 2024 Miners News

Ionic Rare Earths has entered into a binding agreement with Viridis Mining and Minerals to form a 50:50 joint venture with the aim of establishing a significant leading role in the future global supply chain for rare earth elements. Both companies will co-fund the joint venture and a proposed Brazilian refinery and magnet recycling facility utilizing IonicRE’s separation technology. A…