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How Will Ionic Rare Earths Transform UK’s Rare Earth Supply with £12M Grant?
8:56am on Tuesday 27th of January, 2026 AEDT
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How Will Ionic Rare Earths Transform UK’s Rare Earth Supply with £12M Grant?
8:56am on Tuesday 27th of January, 2026 AEDT
Key Points
£12 million capital grant offer from UK Government’s DRIVE35 program
400 metric tonnes per annum of high-purity rare earth oxides production planned
Project aligns with UK’s Critical Minerals Strategy to reduce import reliance
£85 million total project cost with ongoing strategic investor discussions
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IONIC RARE EARTHS (ASX:IXR)
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