Australia's Ionic Rare Earths rises on securing land access deal in Uganda

Ionic Rare Earths

13/11/2023 01:12

** Shares of Ionic Rare Earths  IXR.AX  rise as much as
19.23% to A$0.031, their highest level since Sept 13
     ** The mineral explorer secures 92% land access agreements
for its Makuutu Stage 1 mining license application, Uganda
    ** About 42.2 mln shares change hands, about 5 times the
30-day average
    ** Stock down 21% this year, as of last close
    

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))