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Ionic Rare Earths Boosts Capital Raise to $15.6M with Key US Strategic Backing
9:20am on Thursday 16th of October, 2025 AEDT
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Ionic Rare Earths Boosts Capital Raise to $15.6M with Key US Strategic Backing
9:20am on Thursday 16th of October, 2025 AEDT
Key Points
Rights issue raised $6.1 million; placement increased to $9.5 million
Strategic $3 million investment from Argentem Creek Partners
595 million new shares and options to be issued at 1.6 cents each
Funds to support Belfast magnet recycling, Brazilian joint venture, and US expansion
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Ionic Rare Earths (ASX:IXR)
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