Results for: Rare Earths

China has solidified its dominance in the rare earth industry by implementing comprehensive regulations that control mining, processing, and distribution of these critical minerals. The new rules emphasize state ownership and management, introducing strict penalties for illegal activities and a traceability system to monitor their usage. This move strengthens China’s position as a global leader in the supply of rare earths, which are vital for high-tech manufacturing and green energy transition.

Ionic Rare Earths Ltd. (ASX: IXR, OTC: IXRRF), a leading player in the rare earths sector, has secured A$5.5 million in funding through a share placement. The funds will be used to advance the company’s magnet recycling technologies and its Makuutu ionic adsorption rare earths project in Uganda. The placement, which received strong support from existing shareholders, includes investments in the Magnet Recycling Demonstration Plant in Belfast, UK, and the feasibility study for a full-scale plant. IonicRE is also advancing several offtake negotiations through its Makuutu demonstration plant, which is producing mixed rare earth carbonate (MREC).