Makuutu Rare Earths Project has received first stage approval from Uganda’s National Environmental Management Authority
• Environmental and Social Impact Assessment and enhanced Stakeholder Engagement Program commenced
• Appointment of Key Consultants
• Low CO2 footprint at Makuutu forecast through use of hydroelectric power
• Makuutu’s magnet rare earth element (REE) basket to enable world offshore wind turbine capacity
Phase 4 Drill Program Commenced at Makuutu
June 15, 2021
• IonicRE commenced Phase 4 infill drilling to substantially increase Indicated Resource base at Makuutu to support Feasibility Study • Second drill rig expected to
