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Ionic Rare Earths
Ionic Rare Earths (IXR) investor relations material
Ionic Rare Earths Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary28 Jan, 2026
Executive summary
Signed MOU with US Strategic Metals to develop rare earths recycling in Missouri, supporting US-Australia critical minerals partnership and US supply chain resilience.
Advanced UK operations with Belfast highlighted in the updated UK Critical Minerals Strategy and received an offer in principle for a £12 million grant for a commercial plant.
Progressed Makuutu Heavy Rare Earths Project in Uganda, a globally strategic resource, with ongoing discussions for offtake and financing amid tightening Chinese export controls.
Expanded Brazilian joint venture, securing land for a rare earths innovation center and advancing environmental approvals.
Completed capital consolidation, successful rights issue and placement, and listed on OTCQB in the US.
Financial highlights
Raised $6.1 million via oversubscribed rights issue and $9.5 million through placement, including $3 million from a US strategic investor.
Cash and cash equivalents at quarter end were $12.4 million, up from $1.9 million in the previous quarter.
Net cash used in operating activities for the quarter was $3.87 million.
Estimated 3.2 quarters of funding available at current expenditure rates.
Outlook and guidance
Plans to advance the Belfast commercial REO manufacturing facility, pending grant outcome.
Continued expansion of magnet recycling technology to Brazil and the US, with potential for multiple global plants.
Ongoing efforts to secure Western supply chains and project financing for Makuutu.
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Next Ionic Rare Earths earnings date
H1 202610 Mar, 2026
Ionic Rare Earths
Next Ionic Rare Earths earnings date
H1 202610 Mar, 2026
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Frequently asked questions
Ionic Rare Earths Limited is an Australia-based mineral exploration and development company focused on rare earth elements. The company is engaged in the acquisition, exploration, and advancement of rare earth projects, with a primary focus on sustainable and strategic supply for global markets. Ionic Rare Earths Limited is headquartered in Perth, Australia, and its shares are listed on the Australian Securities Exchange (ASX).
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