SmallCaps
ASX:IXRMaterialsDiversified Metals & Mining

Ionic Rare Earths Ltd

Ionic Rare Earths Limited is an Australia-based mineral exploration company that is focused on investment in the mining and resource sector.

$0.385 ⁠$0.025 (6.10%)AUD · Closed
-30.6%52-week return
Day Range
$0.380$0.405
52 Week Range
$0.255$1.050
Volume
642.65K
Avg Volume (10D)
609.03K
Market Cap
$98.58M
The company

The business

What Ionic Rare Earths Ltd does

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 300 square kilometers (km2) and is located over 120 kilometers east of the capital city of Kampala in eastern Uganda. The defined mineralization stretches 37 km long and is situated near tier one infrastructure. The Company, through its subsidiary 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. Its exploration license includes EL00257, EL00147, EL00624, EL00616, EL00148, and EL00450.

Incorporated
AUS
Public since
1999-12-10
Employees
34
Shareholders
10,436
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Share price & key data

Share price

OHLC · volume · moving averages
$0.385+$0.015 (+4.05%)over 6M
Hi$0.420Lo$0.255
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.405
Prev Close
$0.410
Day High
$0.405
Day Low
$0.380
52wk High
$1.050
52wk Low
$0.255

Valuation

Multiples
Market Cap
$98.58M
Shares Out
256.06M
Price/Book
2.01

Trading Activity

Volume & book
Volume
642.65K
Value Traded
$254.21K
Bid
$0.380 × 12,818
Ask
$0.385 × 9,234
Avg Vol 10D
609.03K

Performance

Total return
1 Day
+8.70%
5 Day
+29.31%
13 Week
-6.25%
52 Week
-30.56%
YTD
-12.79%
Peers & news

Latest news

From the Small Caps desk
Ionic Rare Earths Advances Magnet Recycling Joint Venture with Missouri-based USSM
Mining & Resources

Ionic Rare Earths Advances Magnet Recycling Joint Venture with Missouri-based USSM

Ionic Rare Earths and US Strategic Metals form 50/50 magnet recycling JV in Missouri with $100m to build NdFeB/SmCo facilities, boosting US supply security.

Ionic Rare Earths Affiliate to Lead Project Recyling REOs for High-Performance Magnets
Mining & Resources

Ionic Rare Earths Affiliate to Lead Project Recyling REOs for High-Performance Magnets

Ionic Rare Earths' Belfast recycling tech delivers high-purity REOs for magnets, backing first Western-world recycled magnet REOs; eyeing £85m for UK plant.

Ionic Rare Earths partners with EMR to create circular supply chain for rare earth magnets
Mining & Resources

Ionic Rare Earths partners with EMR to create circular supply chain for rare earth magnets

Ionic Rare Earths (ASX: IXR) has signed an agreement with UK-based sustainable materials specialist EMR to create a “game-changing” circular supply chain for magnet rare earth oxides (REO). The parties in the deal will seek to optimise Ionic Technologies’ liberation of magnets from complex end-of-life assets for commercial supply of magnets for recycling. Ionic Technologies […]

Investing in rare earths is not for the faint-hearted
Hot Topics

Investing in rare earths is not for the faint-hearted

Rare earths are not rare, nor are they earths, but they are certainly political, and it’s the politics of an increasingly aggressive China which has made the 17 metals in the rare earth family a profitable, but high-risk sector for investors. Lynas Rare Earths (ASX: LYC), the leading Australian player in the game, is also […]

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