$IDEX is really playing chess. Seems like they're plans are a lot bigger than we think. This is from TM2 website.
Technology metals pipeline
Technology metals are often described as critical strategic metals.
Technology metals are used in diverse end-use applications such as: catalysts, batteries, semiconductors, and computers, etc.
Technology metals are critical to the future growth of electric vehicles, energy storage systems, telecoms, aerospace, and robotics, etc.
TM2 focuses on technology metals that are expected to see the largest
supply/demand tension over the next 10 years: