Ionic Rare Earths, AML ink MoU for US permanent magnet supply
Company News · Mining.com ·
Ionic Rare Earths signed binding sales agreements with Florida-based Advanced Magnet Lab to supply magnet rare earth oxides under AML's recently awarded US Defense Logistics Agency contract. The deal targets domestically produced high-grade sintered NdFeB permanent magnets for defence applications, reinforcing US efforts to reduce reliance on Chinese rare earth supply.