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Ionic Rare Earths advances Belfast recycling plan despite funding pressure

3:55pm on Thursday 17th of September, 2026 AEST Mining and critical minerals
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Ionic Rare Earths advances Belfast recycling plan despite funding pressure

3:55pm on Thursday 17th of September, 2026 AEST
Key Points
  • A$14.9 million FY2026 net loss, up from A$11.3 million
  • A$13.9 million operating cash outflow and A$3.5 million year-end cash balance
  • £12 million Belfast grant remains an Offer in Principle
  • 400-tonne-per-year Belfast plant targeted for commercialisation
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