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Ionic Rare Earths Limited ( (AU:IXR) ) has issued an announcement.
Ionic Rare Earths Limited, through its joint venture Viridion, has secured land in Poços de Caldas, Brazil, to establish South America’s first rare earth refining and recycling hub. This initiative, supported by local and federal authorities, aligns with Brazil’s industrial policy and aims to enhance the country’s technological capabilities. The project is expected to commence operations in the second half of 2026, pending funding and regulatory approvals, and is part of a broader effort to develop a sustainable rare earth supply chain in Brazil.
More about Ionic Rare Earths Limited
Ionic Rare Earths Limited is a company operating in the rare earths industry, focusing on the development and supply of rare earth elements. The company is involved in projects that aim to establish refining and recycling hubs for rare earths, with a particular focus on creating a sustainable supply chain.
Average Trading Volume: 27,906,793
Technical Sentiment Signal: Hold
Current Market Cap: A$91.24M
Find detailed analytics on IXR stock on TipRanks’ Stock Analysis page.