UK technology companies gain traction in race to net zero

Mining has never been the backbone of the UK economy, but it contributed greatly to the development of societies in the UK. The tin and copper mines in Cornwall created a trading hub in the early 19th century and the world-class slate production in Wales has not been able to be replicated anywhere else in the world. There are also arsenic, iron, kaolin, bentonite and baryte deposits dotted around the isles; not to mention small gold and diamond deposits.

4 years, based on a throughput of 1,200tpa of feed with a production capacity of 400tpa of separated magnet rare earth oxides over a 20-year life of operation.Ionic Technologies, like DEScycle, has already benefitted from UK government support via grant funding. Up to £5 million of funding and commitments have been received to date, including two recent grants with a combined value of £1.27 million and direct funding totalling £470,000 to foster REE supply chain partnerships.

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