The company reported 99.9% purity for NdPr oxide, sourced from shredded e-waste and magnet production swarf. NdPr serves as a fundamental component for permanent magnets in defense systems, electric vehicles, and robotics. By securing these materials domestically, Momentum aims to reduce the heavy reliance on Chinese supply chains, which currently control over 80% of the global market for these specific elements.

Beyond light rare earths, the firm reached 99.5% purity for Dysprosium and Yttrium. Dysprosium is vital for high-performance magnets used in F-35 fighter jets and medical imaging, while Yttrium supports advanced defense electronics and LED lighting. According to CEO Mahesh Konduru, the MSX platform provides a generational leap by unlocking value from feedstocks that conventional processing methods often fail to refine.

The technology, developed in partnership with the U.S. Department of Energy and Oak Ridge National Laboratory, utilizes a modular design that avoids the mass transfer and byproduct issues common in traditional large-scale refineries. Dr. Simon Choong, Vice President of Product Development, noted that these results demonstrate that complex heavy rare earth processing is no longer exclusive to centralized foreign operations. With these milestones established, Momentum is now advancing a pipeline of commercial-scale projects with planned capacities reaching up to 1,000 tons per year to address immediate supply vulnerabilities in the domestic defense and automotive sectors.