We are extremely pleased to announce Less Common Metals has been awarded funding to conduct a feasibility study to identify the requirements for a fully integrated supply chain for Rare Earth Permanent Magnet production in the UK.
The funding has been awarded by Innovate UK, the UK’s innovation agency. Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas.
The project will allow LCM to evaluate raw material sources, production of concentrates and separation into individual rare earths, prior to processing into metals on site, and then alloys for supply to a magnet production facility.
Check this out here.