IXR 14.3% 0.8¢ ionic rare earths limited

General Chat / Discussion, page-8880

  1. 3,037 Posts.
    lightbulb Created with Sketch. 793
    Posting IXR Fluff as always ,

    In April 2024, the EU passed the Critical Raw Materials Act (“CRMA”) into law in a landmark accomplishment that will strengthen the union’s critical raw materials supply chains for decades to come, albeit not without some foreseeable challenges.

    For strategic raw materials – a subset of critical raw materials deemed “crucial” to strategic technologies – the CRMA mandates that 10% of the EU’s annual consumption must be mined domestically, 40% must be processed domestically, and 25% of all processing waste and end-of-life scrap must be recycled domestically by 2030. Furthermore, the EU may not source over 65% of any strategic raw material from a single nation.

    Despite the CRMA’s applicability to strategic raw materials broadly, a detailed review of the act reveals a disproportionately high focus on raw materials used to produce rare earth permanent magnets, such as neodymium, praseodymium, dysprosium and terbium, as well as battery-grade lithium used to produce batteries.

    Full comprehensive coverage to build supply chains as above with not one mention of IXR , yet the company highlights the above with weekly fluff, either the EU have dismissed any supply chain partnership with IXR , or IXR are just pumping out fluff.

    www.adamasintel.com/wp-content/uploads/2024/04/Adamas-Intelligence-and-Tradium-EU-CRMA_Opportunities-Challenges-Viability-and-Next-Steps-April-2023.pdf

 
watchlist Created with Sketch. Add IXR (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.001(14.3%)
Mkt cap ! $38.95M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $53.85K 6.740M

Buyers (Bids)

No. Vol. Price($)
1 59155 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 5884287 12
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
IXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.