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Ionic Rare Earths Limited ( (AU:IXR) ) has provided an update.
Ionic Rare Earths Limited has announced a renounceable entitlement offer of new shares and options to raise funds, managed by Mahe Capital Pty Ltd. This offer, which closes on October 9, 2025, aims to strengthen the company’s financial position and support its ongoing operations in the rare earth elements sector, potentially impacting its market positioning and stakeholder interests.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited operates in the mining industry, focusing on the extraction and development of rare earth elements. The company is involved in the exploration and production of these critical minerals, which are essential for various high-tech applications and renewable energy technologies.
Average Trading Volume: 25,650,515
Technical Sentiment Signal: Sell
Current Market Cap: A$102.5M
Learn more about IXR stock on TipRanks’ Stock Analysis page.