Australia's Ionic Rare Earths rises on US recycling facility deal

Ionic Rare Earths

10/11/2025 04:20

** Shares of Australia's Ionic Rare Earths IXR.AX rise 13.3% to A$0.017, on course for their best day since October 31, if trend holds

** Rare earths miner signs pact with Missouri-based US Strategic Metals

** Under deal, parties to develop a rare-earth recycling facility in Missouri and co to provide patented rare earth permanent magnet recycling technology

** Facility expected to produce significant quantities of NdPr, and a range of strategic heavy rare earths - co

** YTD, shares up 142.9%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))