Ionic Rare Earths Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Public

  • Employees
  • 34

Employees

  • Stock Symbol
  • IXR

Stock Symbol

  • Investments
  • 6

Ionic Rare Earths General Information

Description

Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.

Contact Information

Website
www.ionicre.com
Formerly Known As
Ezenet, Oro Verde Limited
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Level 5 South
  • 459 Collins Street
  • Melbourne, Victoria 3000
  • Australia
+61 (03)
Primary Industry
Precious Metals and Minerals Mining
Other Industries
Gold Mining
Multi-line Mining
Stock Exchange
ASX
Vertical(s)
Corporate Office
  • Level 5 South
  • 459 Collins Street
  • Melbourne, Victoria 3000
  • Australia
+61 (03)

Ionic Rare Earths Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Ionic Rare Earths Stock Performance

As of 23-May-2025, Ionic Rare Earths’s current market cap is $23.6M with 5.26B shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$23.6M 5.26B 7.37M

Ionic Rare Earths Financials Summary

As of 31-Mar-2025, Ionic Rare Earths has a trailing 12-month revenue of null.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 30-Jun-2024 FY 2023 30-Jun-2023 FY 2022 30-Jun-2022
EV 25,048 28,999 50,112 85,512
EBITDA (12,410) (5,531) (3,322)
Net Income (13,894) (5,740) (3,365)
Total Assets 25,114 29,472 33,687
Total Debt 327 5 24
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ionic Rare Earths Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Ionic Rare Earths‘s full profile, request access.

Request a free trial

Ionic Rare Earths Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet a
Precious Metals and Minerals Mining
Melbourne, Australia
34 As of 2023

Sydney, Australia
 

Perth, Australia
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Ionic Rare Earths Competitors (3)

One of Ionic Rare Earths’s 3 competitors is American Rare Earths, a Corporation company based in Sydney, Australia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
American Rare Earths Corporation Sydney, Australia
Lynas Rare Earths Corporation Perth, Australia
Scandium International Mining Corporation Reno, NV
You’re viewing 3 of 3 competitors. Get the full list »

Ionic Rare Earths Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Ionic Rare Earths Investments & Acquisitions (6)

Ionic Rare Earths’s most recent deal was a Joint Venture with Refining (Ionic Rare Earths / Viridis Mining and Minerals). The deal was made on 03-Apr-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Refining (Ionic Rare Earths / Viridis Mining and Minerals) 03-Apr-2024 Joint Venture Other Commercial Services
Viridis Mining and Minerals 31-Jul-2023 PIPE Gold Mining
Ionic Technologies (Other Commercial Services) 21-Apr-2022 Merger/Acquisition Other Commercial Services
Topacio Gold Project 11-Aug-2017 Corporate Asset Purchase Buildings and Property
Goldcap Resources (Gold mining) 08-Aug-2014 Merger/Acquisition Gold Mining
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Ionic Rare Earths Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Ionic Technologies (Other Commercial Services) Belfast, United Kingdom 2014

Ionic Rare Earths FAQs

  • When was Ionic Rare Earths founded?

    Ionic Rare Earths was founded in 1998.

  • Where is Ionic Rare Earths headquartered?

    Ionic Rare Earths is headquartered in Melbourne, Australia.

  • What is the size of Ionic Rare Earths?

    Ionic Rare Earths has 34 total employees.

  • What industry is Ionic Rare Earths in?

    Ionic Rare Earths’s primary industry is Precious Metals and Minerals Mining.

  • Is Ionic Rare Earths a private or public company?

    Ionic Rare Earths is a Public company.

  • What is Ionic Rare Earths’s stock symbol?

    The ticker symbol for Ionic Rare Earths is IXR.

  • What is the current market cap of Ionic Rare Earths?

    The current market capitalization of Ionic Rare Earths is $23.6M.

  • Who are Ionic Rare Earths’s competitors?

    American Rare Earths, Lynas Rare Earths, and Scandium International Mining are competitors of Ionic Rare Earths.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »