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0.9¢ ionic rare earths limited

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Sidewinder888

2,983 Posts.

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13/01/24

18:02

Post #: 71865676
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Originally posted by skijapan: ↑

Could be the reason for the delay in the ML , now the government updating polices on REEs , seams the outlines with this new mining act , are very emendable.

VALUE ADDITION
The global energy transition, which calls for the exploration of critical minerals, has reinforced government’s resolve to promote value addition within its mining sector. A ban on the exportation of raw minerals has slowed down investments in some parts of the mining sector, with investors arguing that the high costs of production – such as expensive electricity and the absence of a local lucrative market for finished products – make it hard for them to invest heavily in refining minerals.
Government is not expected to relax its policy on the ban on the export of raw ores. Recently, the minister of Energy and Mineral Development, Ruth Nankabirwa, signed a new statutory instrument that sets higher purity levels for tin exports. The move is meant to force companies involved in the exploration of tin to refine the mineral...

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IXR Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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Last 0.9¢		Change -0.001(10.0%)		Mkt cap ! $43.82M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$89.66K	8.966M

Buyers (Bids)

No.	Vol.	Price($)
43	14216647	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	10498220	17

View Market Depth

No.	Vol.	Price($)
43	14216647	0.009
23	12078904	0.008
11	7339435	0.007
6	5835000	0.006
11	10368211	0.005

Price($)	Vol.	No.
0.011	10498220	17
0.012	3555284	15
0.013	1212706	3
0.014	2909137	7
0.015	2269733	8

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