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Latest metallurgical tests has demonstrated the asset's power to produce significant-purity magnetic rare earth oxides in a recovery charge of ninety two % or better.
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Iluka Resources is advancing its Eneabba rare earths refinery in Western Australia with backing in the Australian authorities, which aims to bolster the region’s footprint in the global rare earths industry by tapping into its plentiful reserves.
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The corporate marked a pivotal minute in December 2023, in the event the Kalgoorlie facility achieved its initial manufacturing milestone, signaling the transition from commissioning to complete-scale operations.
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The strain on these nations to establish powerful offer chains is probably going to mature when a US tariff on imports of Chinese rare earth magnets commences in 2026.
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