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The latest announcement is out from Ionic Rare Earths Limited ( (AU:IXR) ).
Ionic Rare Earths Limited has expressed support for the UK Government’s updated Critical Minerals Strategy, which aims to produce 10% of the UK’s mineral needs domestically and 20% through recycling by 2035. The strategy, backed by significant funding, highlights Belfast’s role as a critical minerals hub and supports the development of IonicRE’s commercial rare earth recycling plant, enhancing the UK’s supply chain security and reducing reliance on foreign imports.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited is a company operating in the critical minerals industry, focusing on the production and recycling of rare earth elements. The company is particularly involved in developing technologies for rare earth permanent magnet recycling, with a significant presence in Belfast, Northern Ireland.
Average Trading Volume: 27,962,254
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$94.47M
For an in-depth examination of IXR stock, go to TipRanks’ Overview page.