Ionic Rare Earths (ASX:IXR) announces its plans to apply for admission to trading on the Alternative Investment Market (AIM) during the December quarter.
The company has appointed Peel Hunt and Canaccord Genuity Limited as advisers for the proposed admission, targeting admission during Q4 2026 subject to customary regulatory approvals.
IonicRE says the AIM listing will support its growth ambitions, including advancing the Belfast commercial magnet recycling facility currently being developed by Ionic Technologies.
The AIM admission is expected to enhance the company’s profile in the UK and Europe and strengthen its capital funding strategy.
The board reportedly believes the company is at the right stage in its growth trajectory to capitalise on opportunities presented by a dual listing on AIM as it progresses commercialisation activities in Belfast.
IonicRE says the AIM admission will be pursued alongside and will be complementary to its existing ASX listing.
Ionic Rare Earths develops sustainable, traceable supply chains for magnet and heavy rare earth elements.
Write to Paula Fabe at Mining.com.au
Main image: Ionic Rare Earths
