HIGHLIGHTS
IONIC TECHNOLOGIES, BELFAST (100% IONICRE)
- Commencement of Magnet Rare Earth Oxide Production at Belfast Demonstration Facility with continuous operation;
- Strong progression towards Commercial Partnerships with Demonstration Plant production schedule now full through to Q3 2025;
- Production of high purity Terbium Oxide boosting collaboration with LCM and Ford;
- First ASX Rare Earth Oxide Producer from recycled wind turbines;
MAKUUTU HEAVY RARE EARTHS PROJECT,
- First Mixed Rare Earth Carbonate (MREC) produced at Makuutu Demonstration Plant;
- Large Scale
- Award of LML brings on further supply chain and off-taker engagement;
- Strategic increase in ownership of the
- Makuutu Exploration Target was upgraded with a 40% increased announced;
- Phase 5 infill and extensional drilling on Retention Licence (RL) 00007 returned clay bearing rare earth assays above MRE cut-off on 125 of 128 holes drilled; and
CORPORATE
- Mr
This report includes development activities at the Company's 100% owned magnet recycling subsidiary in the
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About
Makuutu is an advanced-stage, ionic adsorption clay-hosted project highlighted by near-surface mineralisation, significant exploration upside, excellent metallurgical characteristics and access to tier-one infrastructure.
The ionic adsorption clay-hosted geology at Makuutu is similar to major rare earths projects in
Makuutu is well-supported by tier-one existing infrastructure which includes access to major highways, roads, power, water and a professional workforce.
Rare Earths will play a critical role in the future of clean energy. Rare Earths are a key ingredient in the permanent magnets found in wind turbines and electric vehicles.
IonicRE is led by an experienced and proven team, who have the capabilities to deliver Makuutu into production and realise value for all stakeholders.
Contact:
E: investors@ionicre.com
T: +61 (3) 9776 3434
For Investor Relations
E: peter@nwrcommunications.com.au
T: +61 (0) 412 036 231
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