View ValuationIonic Rare Earths 将来の成長Future 基準チェック /36Ionic Rare Earthsは、106%と142.2%でそれぞれ年率106%で利益と収益が成長すると予測される一方、EPSはgrowで118.4%年率。主要情報106.0%収益成長率118.42%EPS成長率Metals and Mining 収益成長18.3%収益成長率142.2%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日08 Jan 2026今後の成長に関する最新情報Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The analyst covering Ionic Rare Earths previously expected the company to break even in 2026. New forecast suggests losses will reduce by 6.1% per year to 2027. The company is expected to make a profit of AU$38.5m in 2028. Average annual earnings growth of 106% is required to achieve expected profit on schedule.Breakeven Date Change • Dec 10Forecast to breakeven in 2026The 2 analysts covering Ionic Rare Earths expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$25.9m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule.Breakeven Date Change • Oct 02No longer forecast to breakevenThe analyst covering Ionic Rare Earths no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$6.22m in 2026. New forecast suggests the company will make a loss of AU$1.56m in 2026.すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive independent Director Sufian Ahmad was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The analyst covering Ionic Rare Earths previously expected the company to break even in 2026. New forecast suggests losses will reduce by 6.1% per year to 2027. The company is expected to make a profit of AU$38.5m in 2028. Average annual earnings growth of 106% is required to achieve expected profit on schedule.お知らせ • Oct 17Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 9.525 million.Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 9.525 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 595,312,500 Price\Range: AUD 0.016 Discount Per Security: AUD 0.00016 Security Features: Attached Options Transaction Features: Subsequent Direct Listingお知らせ • Oct 03Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2025Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2025. Location: at baker mckenzie, level 19, 181 william street, melbourne vic 3000 Australiaお知らせ • Sep 19Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.116105 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.116105 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,256,537 Price\Range: AUD 0.016 Transaction Features: Subsequent Direct Listingお知らせ • Sep 12+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.125 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.125 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 70,312,500 Price\Range: AUD 0.016 Discount Per Security: AUD 0.00016 Security Features: Attached Options Transaction Features: Subsequent Direct Listingお知らせ • Apr 11Ionic Rare Earths Limited Announces Shovel-Ready Project Offers Fast-Track to Ex-China SupplyIonic Rare Earths Limited is advancing discussions on the development of its Makuutu Heavy Rare Earth Project as China's latest rare earth export restrictions increase focus on the necessity of a Western supply chain. Located in Uganda, IonicRE's Makuutu Rare Earths Project ranks amongst the world's largest and most advanced ionic adsorption clay (IAC) deposits. Added to the Mineral Security Partnership (MSP) in 2023, Makuutu is considered a globally strategic resource for the near term, offering a low capital development and facilitating long-term supply of magnet and heavy rare earth oxides (REO's). The Makuutu deposit comprises nine licences covering around 300 square kilometres, located 120 km east of Kampala. The defined mineralisation stretches 37 km long and is situated near high-quality infrastructure. A mining licence was awarded in January 2024 for the central Makuutu tenement, representing the first large-scale mining licence issued in Uganda under the 2022 Mining Act. First production of Mixed Rare Earth Carbonate (MREC) was achieved during the March quarter 2024 at the Makuutu Demonstration Plant, fostering engagement with potential offtakers and strategic partners. Makuutu's membership of the MSP highlights the strategic importance of the project as a new source of magnet and heavy rare earth elements. IonicRE has continued several financing discussions with MSP partners. Makuutu is being developed by Rwenzori Rare Metals Limited ("RRM"), a Ugandan private company which owns 100% of the Makuutu Project. These add to previous export controls on antimony, gallium and germanium and the technology used to make rare earth magnets. Importantly, the Makuutu MREC product basket announced in IonicRE's Definitive Feasibility Study released in March 2023 demonstrated a basket rich in medium and heavy REOs, notably able to help offset the elements targeted in the control restrictions. Ionic Technologies International Limited ("Ionic Technologies"), a 100% owned UK subsidiary, has developed processes for the separation and recovery of rare earth elements (REE) from mining ore concentrates and recycled permanent magnets. Ionic Technologies is focusing on the commercialisation of the technology to achieve near complete extraction from end of life /spent magnets and waste (swarf) to high value, separated and traceable magnet rare earth products with grades exceeding 99.5% rare earth oxide (REO). In June 2023, Ionic Technologies announced initial production of high purity magnet REOs from its newly commissioned Demonstration Plant and moved to continuous production in March 2024, providing a first mover advantage in the industrial elemental extraction of REEs from recycling. The business also benefited from support from the UK Government to develop magnet demagnetisation and comminution processes in partnership with Materials Processing Institute (MPI) and Swansea University. In November 2024, IonicRE released a Feasibility Study showing the strong potential for a profitable and unique commercial REO manufacturing facility in Belfast, UK, recycling pre-consumer rare earth magnet scrap and end-of-life magnets, delivering sovereign capability to the UK and supporting regional investment in Northern Ireland. The Makuutu Rare Earth's Project in Uganda, 60% owned by IonicRE, moving to 94% ownership) is well-supported by existing tier-one infrastructure and is on track to become a long-life, low Capex, scalable and sustainable supplier of high-value magnet and heavy REO. IonicRE has also executed a transformational 50/50 joint venture refinery and magnet recycling facility in Brazil with Viridis Mining and Minerals Limited to separate high value magnet and heavy rare earths from the Colossus Project's full spectrum of REOs. This integrated strategy completes the circular economy of sustainable and traceable magnet and heavy rare earth products from the Colossus Project's full range of REOs. This integrated strategies completes the circular economy of sustainable, sustainable and traceable magnet and traceable magnet and Heavy rare earth products. The Makuutu rare earth products is well-life products is well-life, low Capex.お知らせ • Jan 21Ionic Rare Earths Limited Announces Resignation of Nitin Tyagi as Non-Executive DirectorIonic Rare Earths Limited announced that Mr. Nitin Tyagi has resigned as a Non-Executive Director of the Company, effective 20 January 2025. Mr. Tyagi has decided to step down from his position to take up a new full-time role with global technology company, Amazon Web Services, and due to company policies, this new role precludes him from serving on the board of a for profit organisation. Mr. Tyagi has been a Non-Executive Director since 1 July 2023.お知らせ • Dec 18Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.765659 million.Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.765659 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 109,379,876 Price\Range: AUD 0.007 Security Features: Attached Optionsお知らせ • Nov 26+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 71,428,571 Price\Range: AUD 0.007 Security Features: Attached Optionsお知らせ • Oct 28Ionic Rare Earths Limited, Annual General Meeting, Nov 27, 2024Ionic Rare Earths Limited, Annual General Meeting, Nov 27, 2024. Location: baker mckenzie, level 19, 181 william street, vic 3000, australia, melbourne AustraliaNew Risk • Sep 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (44% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (€232k sold). Revenue is less than US$5m (AU$3.3m revenue, or US$2.3m). Market cap is less than US$100m (€24.1m market cap, or US$26.9m).お知らせ • Apr 26Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 5.5 million.Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 5.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,461,539 Price\Range: AUD 0.013 Discount Per Security: AUD 0.00078 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 384,615,384 Price\Range: AUD 0.013 Discount Per Security: AUD 0.00078 Transaction Features: Subsequent Direct Listingお知らせ • Apr 25Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.5 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,461,539 Price\Range: AUD 0.013 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 384,615,384 Price\Range: AUD 0.013 Transaction Features: Subsequent Direct Listingお知らせ • Mar 21+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,047,619 Price\Range: AUD 0.021 Transaction Features: Subsequent Direct Listingお知らせ • Feb 13Ionic Rare Earths Limited, Annual General Meeting, Mar 13, 2024Ionic Rare Earths Limited, Annual General Meeting, Mar 13, 2024, at 11:00 AUS Eastern Standard Time. Location: K&L Gates Level 25 South Tower, 525 Collins Street, Melbourne VIC 3000, Australia Melbourne Australia Agenda: To Approval to issue Consideration Shares; to Approval to issue Tranche 1 Performance Rights; to Approval to issue Tranche 2 Performance Rights; to Ratification of prior issue - November Placement Shares; to Ratification of prior issue - Joint Lead Manager Options – Canaccord; to Ratification of prior issue - Joint Lead Manager Options MST Financial; to Approval to issue Shares to Mr. Sufian Ahmad; and to consider other matters if any.お知らせ • Jan 29Ionic Rare Earths Limited has completed a Follow-on Equity Offering.Ionic Rare Earths Limited has completed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 83,333,333 Price\Range: AUD 0.018 Security Name: Shares Security Type: Common Stock Securities Offered: 27,777,777 Transaction Features: Subsequent Direct Listingお知らせ • Dec 11Ionic Rare Earths Limited (ASX:IXR) entered into a share purchase agreement to acquire 34% stake in Makuutu Rare Earth Project from Rwenzori Rare Metals Limited.Ionic Rare Earths Limited (ASX:IXR) entered into a share purchase agreement to acquire 34% stake in Makuutu Rare Earth Project from Rwenzori Rare Metals Limited on December 11, 2023. IonicRE will issue 425 million shares to REEA at completion. Completion under the SPA is subject to a number of reasonably standard conditions precedent for a transaction of this nature including Ionic Rare Earths Limited obtaining approval from its shareholders to issue the consideration Shares and consideration rights and obtaining necessary regulatory approvals in respect of the Transaction including from the Financial Surveillance Department of the South African Reserve Bank and the Minister of Energy and Mineral Development in Uganda. Transaction is expected to close in Q1 2024.Breakeven Date Change • Dec 10Forecast to breakeven in 2026The 2 analysts covering Ionic Rare Earths expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$25.9m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule.Board Change • Dec 01Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Max McGarvie was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 20+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.9 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.9 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 261,904,762 Price\Range: AUD 0.021 Discount Per Security: AUD 0.00126 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,047,619 Price\Range: AUD 0.021 Discount Per Security: AUD 0.00126 Transaction Features: Subsequent Direct Listingお知らせ • Oct 27Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2023Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2023, at 10:00 W. Australia Standard Time. Location: The Park Business Centre 45 Ventnor Avenue Perth Western Australia AustraliaBreakeven Date Change • Oct 02No longer forecast to breakevenThe analyst covering Ionic Rare Earths no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$6.22m in 2026. New forecast suggests the company will make a loss of AU$1.56m in 2026.New Risk • Sep 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$16m free cash flow). Shares are highly illiquid. Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. Revenue is less than US$1m (AU$330k revenue, or US$212k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$10m net loss in 3 years). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (€59.5m market cap, or US$63.4m).Board Change • Aug 15Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). MD & Director Tim Harrison is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Max McGarvie was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.業績と収益の成長予測DB:6UH - アナリストの将来予測と過去の財務データ ( )AUD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/20285938N/A4416/30/2027N/A-10N/A-1016/30/2026N/A-10N/A-10112/31/20252-11-9-9N/A9/30/20252-11-8-7N/A6/30/20252-11-6-6N/A3/31/20252-13-10-9N/A12/31/20242-14-13-13N/A9/30/20242-17-18-17N/A6/30/20242-21-22-21N/A3/31/20243-20-20-20N/A12/31/20233-19-18-20N/A9/30/20233-14-16-16N/A6/30/20233-9-14-12N/A3/31/20232-7-15-9N/A12/31/20220-5-16-6N/A9/30/20220-5-15-5N/A6/30/20220-5-13-4N/A3/31/20220-4-11-3N/A12/31/20210-4-9-2N/A9/30/20210-3-7-2N/A6/30/20210-2-4-1N/A3/31/20210-2-3-1N/A12/31/2020N/A-2-1-1N/A9/30/2020N/A-1-1-1N/A6/30/2020N/A-1-1-1N/A3/31/20200-2-1-1N/A12/31/20190-2-1-1N/A9/30/20190-1N/A-1N/A6/30/20190-1N/A-1N/A3/31/20190-1N/A-1N/A12/31/20180-2N/A-1N/A9/30/20180-2N/A-2N/A6/30/20180-2N/A-2N/A3/31/20180-2N/A-1N/A12/31/20170-1N/A-1N/A9/30/20170-1N/A-1N/A6/30/20170-1N/A-1N/A3/31/20170-1N/A-1N/A12/31/20160-1N/A-1N/A9/30/20160-1N/A-1N/A6/30/20160-1N/A-1N/A12/31/2015N/A-1N/A-1N/A9/30/2015N/A-1N/A-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6UHは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 6UH今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 6UH今後 3 年以内に収益を上げることが予想されます。収益対市場: 6UH来年は収益がないと予測されています。高い収益成長: 6UH来年は収益がないと予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6UHの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 17:26終値2026/05/25 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ionic Rare Earths Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関null nullACF Equity Research LimitedMichael BentleyMST Financial Services Pty LimitedJustin ChanSCP Resource Finance LP
Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The analyst covering Ionic Rare Earths previously expected the company to break even in 2026. New forecast suggests losses will reduce by 6.1% per year to 2027. The company is expected to make a profit of AU$38.5m in 2028. Average annual earnings growth of 106% is required to achieve expected profit on schedule.
Breakeven Date Change • Dec 10Forecast to breakeven in 2026The 2 analysts covering Ionic Rare Earths expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$25.9m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule.
Breakeven Date Change • Oct 02No longer forecast to breakevenThe analyst covering Ionic Rare Earths no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$6.22m in 2026. New forecast suggests the company will make a loss of AU$1.56m in 2026.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive independent Director Sufian Ahmad was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • May 20Forecast breakeven date pushed back to 2028The analyst covering Ionic Rare Earths previously expected the company to break even in 2026. New forecast suggests losses will reduce by 6.1% per year to 2027. The company is expected to make a profit of AU$38.5m in 2028. Average annual earnings growth of 106% is required to achieve expected profit on schedule.
お知らせ • Oct 17Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 9.525 million.Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 9.525 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 595,312,500 Price\Range: AUD 0.016 Discount Per Security: AUD 0.00016 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
お知らせ • Oct 03Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2025Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2025. Location: at baker mckenzie, level 19, 181 william street, melbourne vic 3000 Australia
お知らせ • Sep 19Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.116105 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.116105 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,256,537 Price\Range: AUD 0.016 Transaction Features: Subsequent Direct Listing
お知らせ • Sep 12+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.125 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 1.125 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 70,312,500 Price\Range: AUD 0.016 Discount Per Security: AUD 0.00016 Security Features: Attached Options Transaction Features: Subsequent Direct Listing
お知らせ • Apr 11Ionic Rare Earths Limited Announces Shovel-Ready Project Offers Fast-Track to Ex-China SupplyIonic Rare Earths Limited is advancing discussions on the development of its Makuutu Heavy Rare Earth Project as China's latest rare earth export restrictions increase focus on the necessity of a Western supply chain. Located in Uganda, IonicRE's Makuutu Rare Earths Project ranks amongst the world's largest and most advanced ionic adsorption clay (IAC) deposits. Added to the Mineral Security Partnership (MSP) in 2023, Makuutu is considered a globally strategic resource for the near term, offering a low capital development and facilitating long-term supply of magnet and heavy rare earth oxides (REO's). The Makuutu deposit comprises nine licences covering around 300 square kilometres, located 120 km east of Kampala. The defined mineralisation stretches 37 km long and is situated near high-quality infrastructure. A mining licence was awarded in January 2024 for the central Makuutu tenement, representing the first large-scale mining licence issued in Uganda under the 2022 Mining Act. First production of Mixed Rare Earth Carbonate (MREC) was achieved during the March quarter 2024 at the Makuutu Demonstration Plant, fostering engagement with potential offtakers and strategic partners. Makuutu's membership of the MSP highlights the strategic importance of the project as a new source of magnet and heavy rare earth elements. IonicRE has continued several financing discussions with MSP partners. Makuutu is being developed by Rwenzori Rare Metals Limited ("RRM"), a Ugandan private company which owns 100% of the Makuutu Project. These add to previous export controls on antimony, gallium and germanium and the technology used to make rare earth magnets. Importantly, the Makuutu MREC product basket announced in IonicRE's Definitive Feasibility Study released in March 2023 demonstrated a basket rich in medium and heavy REOs, notably able to help offset the elements targeted in the control restrictions. Ionic Technologies International Limited ("Ionic Technologies"), a 100% owned UK subsidiary, has developed processes for the separation and recovery of rare earth elements (REE) from mining ore concentrates and recycled permanent magnets. Ionic Technologies is focusing on the commercialisation of the technology to achieve near complete extraction from end of life /spent magnets and waste (swarf) to high value, separated and traceable magnet rare earth products with grades exceeding 99.5% rare earth oxide (REO). In June 2023, Ionic Technologies announced initial production of high purity magnet REOs from its newly commissioned Demonstration Plant and moved to continuous production in March 2024, providing a first mover advantage in the industrial elemental extraction of REEs from recycling. The business also benefited from support from the UK Government to develop magnet demagnetisation and comminution processes in partnership with Materials Processing Institute (MPI) and Swansea University. In November 2024, IonicRE released a Feasibility Study showing the strong potential for a profitable and unique commercial REO manufacturing facility in Belfast, UK, recycling pre-consumer rare earth magnet scrap and end-of-life magnets, delivering sovereign capability to the UK and supporting regional investment in Northern Ireland. The Makuutu Rare Earth's Project in Uganda, 60% owned by IonicRE, moving to 94% ownership) is well-supported by existing tier-one infrastructure and is on track to become a long-life, low Capex, scalable and sustainable supplier of high-value magnet and heavy REO. IonicRE has also executed a transformational 50/50 joint venture refinery and magnet recycling facility in Brazil with Viridis Mining and Minerals Limited to separate high value magnet and heavy rare earths from the Colossus Project's full spectrum of REOs. This integrated strategy completes the circular economy of sustainable and traceable magnet and heavy rare earth products from the Colossus Project's full range of REOs. This integrated strategies completes the circular economy of sustainable, sustainable and traceable magnet and traceable magnet and Heavy rare earth products. The Makuutu rare earth products is well-life products is well-life, low Capex.
お知らせ • Jan 21Ionic Rare Earths Limited Announces Resignation of Nitin Tyagi as Non-Executive DirectorIonic Rare Earths Limited announced that Mr. Nitin Tyagi has resigned as a Non-Executive Director of the Company, effective 20 January 2025. Mr. Tyagi has decided to step down from his position to take up a new full-time role with global technology company, Amazon Web Services, and due to company policies, this new role precludes him from serving on the board of a for profit organisation. Mr. Tyagi has been a Non-Executive Director since 1 July 2023.
お知らせ • Dec 18Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.765659 million.Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 0.765659 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 109,379,876 Price\Range: AUD 0.007 Security Features: Attached Options
お知らせ • Nov 26+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 71,428,571 Price\Range: AUD 0.007 Security Features: Attached Options
お知らせ • Oct 28Ionic Rare Earths Limited, Annual General Meeting, Nov 27, 2024Ionic Rare Earths Limited, Annual General Meeting, Nov 27, 2024. Location: baker mckenzie, level 19, 181 william street, vic 3000, australia, melbourne Australia
New Risk • Sep 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (44% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (23% increase in shares outstanding). Significant insider selling over the past 3 months (€232k sold). Revenue is less than US$5m (AU$3.3m revenue, or US$2.3m). Market cap is less than US$100m (€24.1m market cap, or US$26.9m).
お知らせ • Apr 26Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 5.5 million.Ionic Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 5.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,461,539 Price\Range: AUD 0.013 Discount Per Security: AUD 0.00078 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 384,615,384 Price\Range: AUD 0.013 Discount Per Security: AUD 0.00078 Transaction Features: Subsequent Direct Listing
お知らせ • Apr 25Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.5 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.5 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,461,539 Price\Range: AUD 0.013 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 384,615,384 Price\Range: AUD 0.013 Transaction Features: Subsequent Direct Listing
お知らせ • Mar 21+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,047,619 Price\Range: AUD 0.021 Transaction Features: Subsequent Direct Listing
お知らせ • Feb 13Ionic Rare Earths Limited, Annual General Meeting, Mar 13, 2024Ionic Rare Earths Limited, Annual General Meeting, Mar 13, 2024, at 11:00 AUS Eastern Standard Time. Location: K&L Gates Level 25 South Tower, 525 Collins Street, Melbourne VIC 3000, Australia Melbourne Australia Agenda: To Approval to issue Consideration Shares; to Approval to issue Tranche 1 Performance Rights; to Approval to issue Tranche 2 Performance Rights; to Ratification of prior issue - November Placement Shares; to Ratification of prior issue - Joint Lead Manager Options – Canaccord; to Ratification of prior issue - Joint Lead Manager Options MST Financial; to Approval to issue Shares to Mr. Sufian Ahmad; and to consider other matters if any.
お知らせ • Jan 29Ionic Rare Earths Limited has completed a Follow-on Equity Offering.Ionic Rare Earths Limited has completed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 83,333,333 Price\Range: AUD 0.018 Security Name: Shares Security Type: Common Stock Securities Offered: 27,777,777 Transaction Features: Subsequent Direct Listing
お知らせ • Dec 11Ionic Rare Earths Limited (ASX:IXR) entered into a share purchase agreement to acquire 34% stake in Makuutu Rare Earth Project from Rwenzori Rare Metals Limited.Ionic Rare Earths Limited (ASX:IXR) entered into a share purchase agreement to acquire 34% stake in Makuutu Rare Earth Project from Rwenzori Rare Metals Limited on December 11, 2023. IonicRE will issue 425 million shares to REEA at completion. Completion under the SPA is subject to a number of reasonably standard conditions precedent for a transaction of this nature including Ionic Rare Earths Limited obtaining approval from its shareholders to issue the consideration Shares and consideration rights and obtaining necessary regulatory approvals in respect of the Transaction including from the Financial Surveillance Department of the South African Reserve Bank and the Minister of Energy and Mineral Development in Uganda. Transaction is expected to close in Q1 2024.
Breakeven Date Change • Dec 10Forecast to breakeven in 2026The 2 analysts covering Ionic Rare Earths expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$25.9m in 2026. Average annual earnings growth of 52% is required to achieve expected profit on schedule.
Board Change • Dec 01Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Max McGarvie was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 20+ 1 more updateIonic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.9 million.Ionic Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 5.9 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 261,904,762 Price\Range: AUD 0.021 Discount Per Security: AUD 0.00126 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,047,619 Price\Range: AUD 0.021 Discount Per Security: AUD 0.00126 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 27Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2023Ionic Rare Earths Limited, Annual General Meeting, Nov 28, 2023, at 10:00 W. Australia Standard Time. Location: The Park Business Centre 45 Ventnor Avenue Perth Western Australia Australia
Breakeven Date Change • Oct 02No longer forecast to breakevenThe analyst covering Ionic Rare Earths no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$6.22m in 2026. New forecast suggests the company will make a loss of AU$1.56m in 2026.
New Risk • Sep 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$16m free cash flow). Shares are highly illiquid. Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. Revenue is less than US$1m (AU$330k revenue, or US$212k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$10m net loss in 3 years). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (€59.5m market cap, or US$63.4m).
Board Change • Aug 15Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). MD & Director Tim Harrison is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Max McGarvie was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.