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1.0¢ ionic rare earths limited

Lucky for IXR we are not in the business of mining or refining...

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roblun

5,862 Posts.

2316

13/01/24

15:36

Post #: 71864419
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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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Lucky for IXR we are not in the business of mining or refining Tin.

as always shooting yourself in the foot, over and over again!

IXR Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $48.69M

Open	High	Low	Value	Volume
0.9¢	1.0¢	0.9¢	$29.66K	3.005M

Buyers (Bids)

No.	Vol.	Price($)
27	8453362	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	2686849	5

View Market Depth

No.	Vol.	Price($)
27	8453362	0.009
20	3797977	0.008
21	8394660	0.007
15	11384499	0.006
25	6647173	0.005

Price($)	Vol.	No.
0.010	2686849	5
0.011	6661608	14
0.012	2771276	10
0.013	4047277	8
0.014	1992885	6

Last trade - 13.01pm 14/11/2024 (20 minute delay)

IXR (ASX) Chart