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Iondrive puts US$243 million module case to the five-tonne test
9:12am on Friday 30th of October, 2026 AEDT
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Critical minerals
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Iondrive puts US$243 million module case to the five-tonne test
9:12am on Friday 30th of October, 2026 AEDT
Key Points
US$243 million modelled post-tax NPV and US$62.1 million annual EBITDA
Five-tonne magnet campaign targeting approximately 1.4 tonnes of mixed rare earth oxides
Five US funding applications totalling approximately US$62.6 million submitted
A$5.1 million cash balance and 2.3 quarters of reported operating funding
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