Ionic Rare Earths Limited (AU:IXR) has released an update.
Ionic Rare Earths Limited reports significant advancements in its rare earth recycling and production initiatives, including a 28% increase in Indicated Resource tonnage at its Makuutu project in Uganda and the establishment of a joint venture in Brazil to expand into the rare earth market. The company has demonstrated production capabilities at its Belfast magnet recycling plant and secured $5.5 million in funding, signaling strong leadership and continued growth in the sector.
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