Ionic Rare Earths (ASX:IXR) said its wholly-owned unit Ionic Technologies is on track to complete a first-of-kind product carbon footprint analysis in partnership with Minviro for a proposed magnet recycling plant in the UK, according to a Wednesday Australian bourse filing.
The plant relies on Ionic Technologies' patented technology, which the firm said has a smaller carbon footprint compared with conventional rare earth oxide production.
The life cycle assessment methodology used in the analysis is expected to help Ionic Technologies reduce the carbon dioxide emission impact of goods containing rare earth oxides.
The rare earth minerals selected for the study are didymium oxide and dysprosium oxide, with a sensitivity analysis on neodymium oxide, which reflects the expected product mix from the Belfast commercial plant.
The study is currently being peer-reviewed to ensure transparency and accuracy.
The unit is also collaborating with metals and alloy manufacturer Less Common Metals, as well as Ford Technologies for the development of a supply chain for recycled magnets, backed by the UK Government.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。