Ionic Rare Earths Limited

Equities

IXR

AU0000081341

Non-Gold Precious Metals & Minerals

Delayed Australian S.E. Other stock markets 10:03:52 18/07/2024 am IST			5-day change	1st Jan Change
0.0105 ^AUD	+5.00%		-8.70%	-59.62%

26/06	Cobra Resources plc Announces Further Re-Assay Results from the Yarranna Southeast Prospect	CI
17/06	Brazil joins race to loosen China's grip on rare earths industry	RE

Ionic Rare Earths Limited (ASX:IXR) Presenting at MST Financial African Mining Forum

January 25, 2024 at 01:53 pm IST

Perth, Australia, Jan 25, 2024 - (ABN Newswire) - The Board of Ionic Rare Earths Limited (ASX:IXR) (OTCMKTS:IXRRF) is pleased to invite investors and shareholders to attend the MST Financial African Mining & Energy Forum on Tuesday 30th January at 3:30pm AEDT.

Managing Director Tim Harrison will discuss progress across the Makuutu Heavy Rare Earth Project and Ionic Technologies, and engagement with the new economy supply chain.

To join the presentation, please click the webinar, please visit:
https://www.abnnewswire.net/lnk/3LK999VA

About Ionic Rare Earths Limited:

Ionic Rare Earths Limited (ASX:IXR) (OTCMKTS:IXRRF) is focused on developing its flagship Makuutu Rare Earths Project in Uganda into a significant long life, low-cost, supplier of high-value critical and heavy rare earths.

Makuutu is an advanced-stage, ionic adsorption clay-hosted project highlighted by near-surface mineralisation, significant exploration upside, excellent metallurgical characteristics and access to tier-one infrastructure.

The ionic adsorption clay-hosted geology at Makuutu is similar to major rare earths projects in Southern China, which are responsible for the majority of global supply of low cost heavy and critical rare earths, specifically the high value magnet metals (Dysprosium and Terbium) Heavy Rare Earths (>98% originating from ionic clays). Metallurgical testing at Makuutu has returned excellent recovery rates, which provide multiple avenues for a simple process route.

Makuutu is well-supported by tier-one existing infrastructure which includes access to major highways, roads, power, water and a professional workforce.

Rare Earths will play a critical role in the future of clean energy. Rare Earths are a key ingredient in the permanent magnets found in wind turbines and electric vehicles.

IonicRE is led by an experienced and proven team, who have the capabilities to deliver Makuutu into production and realise value for all stakeholders.

Contact:

For Australian Media
Nigel Kassulke
Teneo
E: Nigel.Kassulke@Teneo.com
T: +61 (0) 407 904 874

For Investor Relations
Peter Taylor
NWR Communications
E: peter@nwrcommunications.com.au
T: +61 (0) 412 036 231

For UK Media
Tim Blythe
BlytheRay
E: Tim.Blythe@BlytheRay.com
T: + (0) 20 7138 3553

For NI Media
Katie Doran
Lanyon Group
E: Katie.Doran@LanyonGroup.com
T: +44 (0) 28 9018 3242

Latest news about Ionic Rare Earths Limited

Cobra Resources plc Announces Further Re-Assay Results from the Yarranna Southeast Prospect	26/06	CI
Brazil joins race to loosen China's grip on rare earths industry	17/06	RE
Ionic Rare Earths Signs MoU with Less Common Metals for Rare Earth Permanent Magnet Production; Shares Up 8%	27/05	MT
Ionic Rare Earths Updates Mineral Resource of Makuutu Project; Shares Jump 8%	15/05	MT
Ionic Rare Earths to Raise AU$5.5 Million via Placement	24/04	MT
Cobra completes acquisition of 100% stake in rare earths project	22/04	AN
Ionic's Irish Magnet Recycling Plant Fully Booked for 18 Months	15/04	MT
Patagonia Lithium's Brazilian Subsidiary Granted Three-Year Concession in Brazil	08/04	MT
Ionic Rare Earths, Viridis Mining Form Processing, Recycling JV in Brazil	03/04	MT
Viridis Mining and Minerals Executes JV Agreement with Ionic Rare Earths	03/04	MT
Cobra Resources shares jump on "sensational" Boland drilling results	25/03	AN
Cobra Resources Confirms Rare Earth Prospect at Australian Project	25/03	MT
Ionic Rare Earths Commences Full-Scale Magnet Rare Earth Oxide Production at Belfast, UK Facility; Shares Down 5%	25/03	MT
Ionic Rare Earths Limited completed the acquisition of 34% stake in Makuutu Rare Earth Project from Rwenzori Rare Metals Limited.	20/03	CI
Ionic Rare Earths Produces High Purity Terbium Oxide at Belfast Plant	19/03	MT
Ionic Rare Earths Limited Reports Earnings Results for the Half Year Ended December 31, 2023	14/03	CI
Ionic Rare Earths Produces First Rare Earth Concentrates at Makuutu Project; Shares Rise 5%	13/03	MT
Ionic Rare Earths Moves Closer to First Rare Earth Production at Ugandan Project	07/03	MT
Cobra Resources says assay shows "massive scale potential"	27/02	AN
Ionic Rare Earths Expands Exploration target for Ugandan Rare Earths Project; Shares Down 6%	27/02	MT
Cobra Resources up as company begins uranium testing	12/02	AN
Cobra Resources Plans Uranium Testing at Boland Rare Earths Discovery in Australia	12/02	MT
Ionic Rare Earths Announces Management Changes	31/01	CI
Ionic Rare Earths Announces Executive Changes	31/01	CI
Ionic Rare Earths Raises AU$2 Million for Northern Ireland Recycling Facility, Ugandan Rare earths Project	29/01	MT

Chart Ionic Rare Earths Limited

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Company Profile

Ionic Rare Earths Limited is an Australia-based mineral exploration company that is focused on investment in the mining and resource sector. The Company is focused on developing its flagship Makuutu Rare Earths Project (Makuutu) towards production. The Makuutu comprises approximately six licenses covering approximately 298 square kilometers (km2) and is located over 40 kilometers east of the regional center of Jinja and approximately 120 kilometers east of the capital city of Kampala in eastern Uganda. The Company, through Ionic Technologies International Limited, has developed rare earth element (REE) separation and refining technology and applied this to the recovery and separation of individual rare earths from spent permanent magnets. The Companyâs exploration license includes EL00257, EL00147 and EL00148. Its wholly owned subsidiary is Goldcap Resources Pty Limited. Its wholly owned subsidiary includes Ionic Technologies International Limited.

Sector

Non-Gold Precious Metals & Minerals

Calendar

20/09/2024 - Q4 2024 Earnings Release (Projected)

More about the company

Sector Rare Earth Minerals

	1st Jan change	Capi.
IONIC RARE EARTHS LIMITED	-59.62%	32.51M
CHINA NORTHERN RARE EARTH (GROUP) HIGH-TECH CO.,LTD	-12.00%	8.47B
LYNAS RARE EARTHS LIMITED	-12.57%	3.96B
MP MATERIALS CORP.	-23.88%	2.5B
CHINA KINGS RESOURCES GROUP CO.,LTD.	-6.26%	2.11B
SHENGHE RESOURCES HOLDING CO., LTD	-20.24%	1.96B
BRAZILIAN RARE EARTHS LIMITED	+56.54%	511M
ARAFURA RARE EARTHS LIMITED	+12.12%	295M
NORDIC MINING ASA	+35.13%	230M
RARE ELEMENT RESOURCES LTD.	+11.32%	148M

Rare Earth Minerals