Makuutu – Developing a Long Life, Low Cost and High Value Critical and Heavy Rare Earths Project

Through responsible exploration we create rare opportunities for our investors.

Why Choose IXR?

A unique deposit, one of only a handful of western ionic adsorption clays – a major source of low cost critical and heavy rare earths to fill a void in pending supply shortages.

Vision and Values

Responsibly develop the company’s projects while maintaining high standards of environmental stewardship and ensuring continued support from community and government.

Corporate Strategy

Advance the Makuutu Rare Earths Project to production to become a significant supplier of Critical and Heavy Rare Earths to support the global green energy transition and enhanced technology applications.

Rare earth projects

Makuutu ticks all the boxes

Ionic Rare Earths Limited (“IonicRE”) is focused on developing its flagship Makuutu Rare Earths Project (“Makuutu”) in Uganda into a significant long life, low-cost, supplier of high-value critical and heavy rare earths.

Makuutu is an advanced-stage, ionic adsorption clay-hosted project highlighted by near-surface mineralisation, significant exploration upside, excellent metallurgical characteristics and access to tier-one infrastructure.

The ionic adsorption clay-hosted geology at Makuutu is similar to major rare earths projects in Southern China, which are responsible for the majority of global supply of low cost heavy and critical rare earths, specifically the high value magnet metals (Dysprosium and Terbium) Heavy Rare Earths (>98% originating from ionic clays). Metallurgical testing at Makuutu has returned excellent recovery rates, which provide multiple avenues for a simple process route.

Makuutu is well-supported by tier-one existing infrastructure which includes access to major highways, roads, power, water and a professional workforce.

Rare Earths will play a critical role in the future of clean energy. Rare Earths are a key ingredient in the permanent magnets found in wind turbines and electric vehicles.

IonicRE is led by an experienced and proven team, who have the capabilities to deliver Makuutu into production and realise value for all stakeholders.

CategoryEstimation
Domain
Tonnes
(Mt)
TREO
(ppm)
TREO no Ce2O3
(ppm)
Indicated ResourceClay9.5750520
Inferred ResourceClay69.1860620
Total ResourceClay78.6840610

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