Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest update is out from Ionic Rare Earths Limited ( (AU:IXR) ).
Ionic Rare Earths Limited announced significant progress in its rare earth oxide manufacturing and recycling initiatives. The feasibility study for its Belfast facility indicates strong profitability potential, with a substantial capital grant application submitted to the UK Government. The company is also advancing joint ventures in Brazil and Uganda, supported by local and international partnerships, enhancing its strategic position in the rare earth supply chain.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited is a company involved in the rare earth industry, focusing on manufacturing rare earth oxides and recycling rare earth magnets. The company is engaged in projects across the UK, Brazil, and Uganda, aiming to contribute to the global energy transition and advanced manufacturing sectors.
Average Trading Volume: 5,625,953
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$34.05M
See more insights into IXR stock on TipRanks’ Stock Analysis page.
