IonicRE opens multiple routes to Western rare earth supply

• Belfast planning application validated and FEED advancing toward basic engineering completion in Q2 2027
• £600,000 demonstration plant upgrade lifts planned dysprosium and terbium separation capacity to about 2 tonnes per annum
• Proposed 50-50 Missouri joint venture targets US$100 million of initial funding, but remains non-binding
• Strategic review opens potential funding or ownership changes for the Makuutu project