IMC and Hexagon’s wholly owned US-based subsidiary, Energy Materials of America, LLC plan to form a joint venture — American Innovation Metals Inc. (AIM) — to commercialize the RapidSX™ downstream REE separation technology. IMC successfully developed and piloted the RapidSX™ approach — a proven, enhanced SX technology offering major REE separation efficiencies, with significantly reduced CAPEX & OPEX. The RapidSX™ technology was piloted with US$1.8M funding from the United States Department of Defense, via the US Army Research Laboratory (ARL).
IMC and Hexagon’s wholly owned US-based subsidiary, Energy Materials of America, LLC plan to form a joint venture — American Innovation Metals Inc. (AIM) — to commercialize the RapidSX™ downstream REE separation technology. IMC successfully developed and piloted the RapidSX™ approach — a proven, enhanced SX technology offering major REE separation efficiencies, with significantly reduced CAPEX & OPEX. The RapidSX™ technology was piloted with US$1.8M funding from the United States Department of Defense, via the US Army Research Laboratory (ARL).