Ionic Technologies, a wholly-owned subsidiary of Ionic, has recently successfully increased the production capacity of high-purity dysprosium oxide (Dy2O3) and terbium oxide (Tb4O7) at its Belfast, UK facility. This significant move effectively addresses the urgent demand for heavy rare earth oxides required for high-performance permanent magnets in the defense, advanced manufacturing, and renewable energy sectors. As demand for these materials continues to grow in Western countries such as the US, UK, and Europe, the Belfast facility plays a pivotal role in Ionic's rare earth supply chain. Leveraging cutting-edge processing techniques, the facility ensures that dysprosium and terbium meet stringent industry standards. Currently, the company is actively engaging in discussions with manufacturers worldwide regarding the supply of heavy rare earth elements and will announce updates on relevant business collaborations in a timely manner.