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Posted by
Two Blokes Jun 13 -
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Ionic Rare Earths Ltd (ASX:IXR, OTC:IXRRF)'s rare earth oxide (REO) recycling joint venture, Viridion, has secured significant funding from the Brazilian government to fast-track the development of rare earth refining and magnet recycling facilities in Brazil. The backing from the Brazilian National Bank for Economic and Social Development (BNDES) and the Federal Agency for Funding Authority for Studies and Projects (FINEP) is set to accelerate Viridion's ambitious plans to establish a sustainable, local supply chain for critical rare earth elements.
