Australia's Ionic Rare Earths hits near 6-mth high on Ford partnership

Ionic Rare Earths

12/09/2023 01:52

** Shares of Ionic Rare Earths  IXR.AX  rise as much as 20%
at A$0.030, their highest since March 20
    ** Co partners with Ford, Less Common Metals (LCM) and
British Geological Survey  to anchor UK rare earth  supply chain
from magnet recycling
    ** Collaboration partnership with Ford, LCM to develop a UK
supply chain for recycled magnet rare earths to magnets
    ** Ionic stock down 24.2% this year as of last close 

    
    

($1 = 0.7997 pounds)

 (Reporting by Aishwarya Nair in Bengaluru)