Ionic Rare Earths Launches AU$7 Million Capital Raising via Rights Issue and Placement.

Ionic Rare Earths Limited (ASX: IXR) has announced a renounceable rights issue and placement to raise up to AU$7 million, supporting its global rare earth initiatives. The company is offering a 1-for-15 renounceable rights issue at AU$0.016 per share, raising up to AU$6 million, with each new share accompanied by one option exercisable at AU$0.025, expiring September 2028. Eligible shareholders can also trade their rights from 18 September to 2 October 2025. Alongside this, IonicRE has secured AU$1.125 million through a placement with institutional investors and executives on the same terms.

Funds raised will accelerate progress at the Belfast magnet recycling project, advance the Brazilian Viridion rare earth refining joint venture, expand activities in the US, and provide working capital. All directors and executives are participating, with commitments of around AU$635,000. The raising is partially underwritten to AU$2 million by Mahe Capital. This initiative underpins IonicRE’s strategy to become a leader in sustainable and traceable rare earth supply.

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