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Ionic Rare Earths Limited
(Sydney:IXR)
Ionic Rare Earths Limited (IXR) vs. iShares MSCI Australia ETF (EWA)
Ionic Rare Earths Limited Business Overview & Revenue Model
Ionic Rare Earths Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 703.19K | 2.18M | 2.21M | 2.76M | 220.43K | 213.95K |
| Gross Profit | 49.65K | 2.18M | 2.21M | -575.81K | 159.78K | 213.95K |
| EBITDA | -10.51M | -10.14M | -19.10M | -7.96M | -4.58M | -2.38M |
| Net Income | -11.34M | -11.34M | -21.20M | -8.54M | -4.64M | -2.38M |
Balance Sheet | ||||||
| Total Assets | 32.56M | 32.56M | 37.57M | 44.52M | 48.97M | 18.08M |
| Cash, Cash Equivalents and Short-Term Investments | 595.23K | 595.23K | 4.94M | 11.12M | 26.76M | 11.06M |
| Total Debt | 1.12M | 1.12M | 489.35K | 143.72K | 34.96K | 136.40K |
| Total Liabilities | 2.97M | 2.97M | 1.06M | 961.26K | 816.96K | 531.10K |
| Stockholders Equity | 29.59M | 29.59M | 36.51M | 43.56M | 48.15M | 17.55M |
Cash Flow | ||||||
| Free Cash Flow | -5.93M | -5.93M | -24.58M | -14.24M | -12.73M | -4.50M |
| Operating Cash Flow | -5.89M | -5.89M | -23.22M | -11.66M | -3.58M | -1.33M |
| Investing Cash Flow | 1.35M | 1.35M | 270.55K | -5.51M | -10.60M | -4.12M |
| Financing Cash Flow | 3.53M | 3.53M | 13.86M | 1.35M | 29.89M | 15.68M |
Ionic Rare Earths Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$149.29M | -130.60 | -2.97% | ― | ― | 42.74% | |
53 Neutral | AU$223.58M | -20.37 | -7.66% | ― | ― | ― | |
51 Neutral | AU$158.02M | -40.15 | -27.81% | ― | ― | -35.98% | |
47 Neutral | AU$182.73M | -10.75 | -8.73% | ― | ― | ― | |
46 Neutral | AU$107.99M | -6.85 | -34.31% | ― | ― | 52.94% | |
46 Neutral | AU$190.84M | -6.15 | -43.66% | ― | 46.74% | -47.98% |
Ionic Rare Earths Limited Corporate Events
Ionic Rare Earths Limited has announced the establishment of an Unmarketable Parcel Sale Facility to assist shareholders holding less than $500 worth of shares. This initiative aims to streamline shareholder management by selling these small holdings unless shareholders opt to retain them by a specified deadline. The company will cover all brokerage costs associated with the sale, and proceeds will be distributed to participating shareholders after the sale is completed. This move is expected to simplify the company’s share registry and potentially enhance shareholder value.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited has completed a capital consolidation on a 1 for 30 basis, significantly reducing the number of its issued securities. This move, approved by shareholders, aims to streamline the company’s capital structure and potentially enhance its market appeal. The consolidation is expected to impact trading as normal trading on a post-consolidation basis will commence on 12 December 2025, potentially affecting stakeholders’ perceptions and investment strategies.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited has completed a consolidation of its securities, as approved by shareholders at the AGM on November 28, 2025. This consolidation, finalized on December 5, 2025, affects multiple securities, including ordinary shares and various options, and is part of the company’s strategic efforts to streamline its capital structure.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited announced the issuance of ordinary shares without disclosure under Part 6D.2 of the Corporations Act, in compliance with relevant legal provisions. This move signifies the company’s adherence to regulatory requirements and may impact its financial operations and investor relations.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited announced the issuance of 124,000,000 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until the restrictions are lifted, reflecting the company’s strategy to incentivize its workforce and align their interests with long-term corporate goals.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited has announced the issuance of nearly 10 million unlisted options, as part of a previously disclosed transaction. This move is indicative of the company’s strategic efforts to strengthen its financial position and enhance its operational capabilities, potentially impacting its market standing and stakeholder interests.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited has announced the quotation of 784,015 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code IXR, effective December 1, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the availability of its shares in the market.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited announced a proposed issue of nearly 10 million unlisted options as part of a new securities placement. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially strengthening its market position in the rare earth elements sector.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited has announced the quotation of 178,572 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of November 28, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing projects, potentially strengthening its market position in the rare earth elements sector.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited announced a shareholder-approved consolidation of its securities, including ordinary shares and various options, as of November 28, 2025. This move is expected to streamline the company’s capital structure, potentially enhancing market perception and operational efficiency, thereby impacting stakeholders positively.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited has announced a proposed issue of 784,015 ordinary fully paid securities, with the issuance date set for December 1, 2025. This move is part of the company’s strategy to enhance its financial position and support its ongoing projects, potentially strengthening its market presence in the rare earth elements sector.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
Ionic Rare Earths Limited provided an update to shareholders on its current activities, including technology development in the UK, a joint venture in Brazil, and exploration at the Makuutu Rare Earths Project in Uganda. The company confirmed that there is no new information affecting previously reported exploration targets, mineral resources, or production targets, maintaining the validity of prior announcements.
The most recent analyst rating on (AU:IXR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Ionic Rare Earths Limited stock, see the AU:IXR Stock Forecast page.
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.
Ionic Rare Earths Limited has signed a Memorandum of Understanding with US Strategic Metals to develop a vertically integrated rare earths production facility in Missouri, USA. This collaboration aims to enhance the U.S.-Australia critical minerals partnership by utilizing IonicRE’s patented recycling technology to produce magnet rare earth oxides, thereby reducing dependence on foreign imports and supporting the U.S. defense and technology sectors.
Ionic Rare Earths Limited announced a change in the director’s interest, specifically involving Mr. Brett Lynch. The change involved the vesting of 5,000,000 performance rights into fully paid ordinary shares, reflecting an adjustment in the director’s securities holdings. This move indicates a shift in the director’s investment strategy and could impact the company’s governance and stakeholder perceptions.
Ionic Rare Earths Limited announced the issuance of 15 million ordinary shares without disclosure under the Corporations Act, in compliance with relevant legal provisions. This move indicates the company’s strategic financial maneuvering to potentially enhance its capital structure, which could impact its market positioning and stakeholder interests.
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.
Ionic Rare Earths Limited announced the quotation of 12,500,000 fully paid ordinary securities on the Australian Securities Exchange, effective from October 29, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and support its ongoing projects, potentially strengthening its position in the rare earths market.
Ionic Rare Earths Limited has announced a security consolidation, impacting several of its securities, including ordinary shares and various options. This reorganization, set to commence trading on a deferred settlement basis on December 3, 2025, is part of the company’s strategic efforts to streamline its capital structure, potentially enhancing market perception and shareholder value.
Ionic Rare Earths Limited has announced its Annual General Meeting, scheduled for November 28, 2025, in Melbourne. Key agenda items include the adoption of the Remuneration Report, election of Sufian Ahmad as a Director, approval of a 10% placement capacity, and the issuance of securities under the Equity Incentive Plan. These resolutions aim to enhance the company’s governance and financial flexibility, potentially impacting its strategic growth and stakeholder engagement.
Ionic Rare Earths Limited has made significant strides in its global expansion strategy, as detailed in its quarterly activities report. The company secured UK government backing for its ‘CirculaREEconomy’ partnership, increased production of critical rare earths, and received its first revenue from sales to Western customers. Additionally, its Makuutu project in Uganda is progressing with potential investors, while its Brazilian joint venture, Viridion, has secured land for a new innovation center. These developments position IonicRE as a key player in the ex-China rare earth supply chain, responding to global demands amid China’s export controls.
Ionic Rare Earths Limited announced a change in the director’s interest, with Mr. Brett Lynch acquiring additional shares and options under a Rights Issue. This change reflects the company’s ongoing strategic efforts to strengthen its position in the rare earth elements market, potentially impacting its operational capabilities and stakeholder interests.
Ionic Rare Earths Limited has announced the issuance of 38,546,031 ordinary shares without disclosure under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that there is no excluded information required to be disclosed. This move is part of the company’s ongoing efforts to strengthen its financial position and enhance its market presence in the rare earths sector.
Ionic Rare Earths Limited announced the issuance of 5,576,840 ordinary fully paid shares, which will be quoted on the Australian Securities Exchange (ASX) under the code IXR. This move is part of the company’s strategy to enhance its capital structure, potentially strengthening its financial position and market presence in the rare earths sector.
Ionic Rare Earths Limited has announced that its securities, under the code IXRO, will be reinstated to quotation on the Australian Securities Exchange (ASX) following compliance with Listing Rule 2.5. This reinstatement signifies a positive development for the company, potentially enhancing its visibility and accessibility in the market, which may have implications for its stakeholders and market positioning.