Ionic Rare Earths Limited

Mining

The ASX listed mineral explorer Ionic Rare Earths Limited (ASX:IXR) is engaged in the exploration of heavy rare earth elements in Mukuutu Project located in Uganda. The Company has strategically increased its interest to 51% on the project with an option to uptick it to 60%. Makuutu is one of the largest ionic adsorption clay deposits of heavy rare earth elements outside China and provides a low-cost extraction opportunity than the hard rock REE mines.

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