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Ionic Rare Earths Raises $7M to Power Recycling and Expansion Push
8:54am on Friday 12th of September, 2025 AEST
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Ionic Rare Earths Raises $7M to Power Recycling and Expansion Push
8:54am on Friday 12th of September, 2025 AEST
Key Points
1 for 15 renounceable rights issue priced at 1.6 cents per share
Shareholders receive 1 new option per new share, exercisable at 2.5 cents until 2028
Placement secured $1.125 million from institutional investors and executives
Funds targeted at Belfast magnet recycling, Brazilian Viridion joint venture, and US expansion
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Ionic Rare Earths (ASX:IXR)
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