SerenTech has demonstrated capability to separate magnet rare earths Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy) and Terbium (Tb) for modest capital requirements. This presents an opportunity for targeted deployment in key markets in the US, Europe, and Asia where
existing inventories of magnets exist and where the current recycling technology fails to be able to achieve similar REE extraction results, thus providing a step change advantage and the ability to take an early mover position in new NdPr supply.

SerenTech has an exclusive “patent and know-how” licence from Queens University Belfast (QUB) allowing it to develop and commercialise the technology. Additionally, SerenTech has also developed know-how in this area and lodged a further four (4) global patents, providing a pipeline of
opportunities in which to deploy the technology

Ionic Rare Earths Limited is pleased to advise the launch of Ionic Technologies International Ltd (“IonicTech”). IonicTech is the rebranded 100% owned subsidiary (formerly Seren Technologies Ltd) based in Belfast UK, which the Company acquired earlier in 2022. IonicTech has developed separation and refining technology, and applied this to magnet rare earth extraction and refining recovery from permanent magnet recycling.

The new brand consolidates upon IonicRE’s strategy to become a fully integrated circular economy participant for critical magnet and heavy rare earths. Increasing supply of these critical elements by providing localised modular recycling developments represents a strong opportunity for IonicRE to develop an early mover advantage on the back of their advance technology. This technology can hydrometallurgically extract the elemental rare earth element (REE) content from the waste material, and then separate and refine to produce the individually separated 99.9% grade REO's Nd2O3, Pr6O 11, Dy2O3 and Tb4O7.

Ionic Technologies Magnet Recycling Demonstration Plant in Belfast, UK, is
progressing to schedule and readies plant to operate 24/7 from early January 2024

Pre-production has commenced, preparing digestion feed streams plus several intermediate streams in advance of UK government sponsored collaborative project with Ford and Less Common Metals

Several further supply chain collaborations with rare earth metal, alloy and
magnet manufacturers plus Original Equipment Manufacturers (OEMs) underway to expand global offering from Ionic Technologies.

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