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Ionic Rare Earths Raises $7M to Power Recycling and Expansion Push

8:54am on Friday 12th of September, 2025 AEST Mining
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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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