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Ionic Rare Earths Limited ( (AU:IXR) ) has shared an announcement.
Ionic Rare Earths Limited announced the quotation of 2,500,000 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its capital structure, potentially improving its market position and providing additional resources for its ongoing projects.
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. These elements are crucial for various high-tech applications, including electronics, renewable energy, and advanced manufacturing.
Average Trading Volume: 28,113,902
Technical Sentiment Signal: Sell
Current Market Cap: A$114.5M
Find detailed analytics on IXR stock on TipRanks’ Stock Analysis page.