Ionic Rare Earths Limited · ASX:IXR
Ionic Rare Earths — Shareholder Meeting (November 2025)
14 slides from Ionic Rare Earths's shareholder meeting presentation, Nov 28, 2025
Slide 1: Annual General Meeting 28 November 2025
ASX: IXR For personal use only OTC: IXRRF Annual General Meeting 28 November 2025
Slide 2: Cautionary Statement
Cautionary Statement Important Notice and Disclaimer Competent Person Statement This presentation should be considered in its entirety. If you do not understand Information in this report that relates to previously reported Exploration Targets the material contained in this presentation, you should
Slide 3: Vision: resilient, integrated Western rare earth supply chain starting with magnet recycling
IonicRE’s vision is to create a resilient, fully integrated, Western rare earth supply For personal use only chain starting with magnet recycling IonicRE, via 100% owned UK subsidiary Ionic Technologies, has developed a world leading recycling technology to produce separated magnet REOs – NdPr, Dy
Slide 4: Vision to support Western defence and industrial demand for rare earths
Ionic Rare Earth’s vision to support Western defence and industrial demand for rare earths 1. RECYCLING Supply new defence and industrial rare earth needs Capability to fully supply Western Defence demand while reducing dependence on China Producing light and heavy rare earth oxides today For pers
Slide 5: Leading Magnet Recycling and the Circular Economy of Rare Earths
Sustainably Sourcing For personal use only Magnet and Heavy Rare Earths for the New Economy Upcycling for the Next Cycle Leading Magnet Recycling and the Circular Economy of Rare Earths Belfast now first producer of recycled magnet REOs in Western world 5
Slide 6: Only western recycler producing separated and refined magnet rare earth oxides today
Ionic Rare Earths subsidiary Ionic Technologies, is the only western recycler producing separated and refined magnet rare earth oxides today substantial inbound demand Ionic Technologies has developed patented recycling technology, .. …has progressed from lab scale to a producing demonstration pla
Slide 7: DRIVE35 collaborative project led by Ionic Technologies
REO RECOVERY/SEPARATION & PROJECT LEADER DRIVE 35 Collaborate MAGNET LIBERATION METAL/ALLOY For personal use only Commenced 01 September 2025 LIFE CYCLE/ ECONOMIC 36 Months Project ANALYSIS £11million Project Leading Collaborate project, part of the UK Government’s DRIVE35 launch Partners
Slide 8: Ionic Rare Earths and US Strategic Metals MOU
Ionic Rare Earths and US Strategic Metals MOU to fast-track magnet and heavy REO production in the USA via magnet recycling, refining MOU announced 10 Nov 2025, outlines collaboration on IonicRE to provide patented rare earth permanent magnet recycling development of vertically integrated, multi
Slide 9: Makuutu Rare Earth Basket – Near-term, permitted, HREE supply
Makuutu Rare Earth Basket – Near-term, permitted, HREE supply • Large Scale Mining Licence LML00334 awarded in Makuutu MREC Basket January 2024 • Stage 1 production of a value-added mixed rare For personal use only earth carbonate (MREC) product (including La2O3, 17.8% Scandium), via a modular heap
Slide 10: Rare Earth Prices – Makuutu's 45% Heavy REO basket getting a bump
Rare Earth Prices – Makuutu’s 45% Heavy REO basket getting a bump • Post implementation of Chinese export restrictions on heavy rare earths in April 2025, major disconnect in pricing in For personal use only western markets • Western heavy REO prices increased dramatically over the past 6 months • E
Slide 11: Viridion Joint Venture: Brazil and USA refineries
50% 50% For personal use only Leveraging Company’s RE Separation & Refining Technology Brazil – RE Refinery and Magnet Recycling 11 USA – RE Refinery 11
Slide 12: First delivery of recycled magnet rare earth oxides from Brazil
For personal use only First delivery of recycled magnet Rare Earth Oxides (REOs) from End-of-Life magnets sourced from Brazil and recycled at Ionic Technologies’ Belfast, UK facility 12
Slide 13: Key Takeaways
Key Takeaways 1 2 3 For personal use only Validated Technology Platform Positive Sector Momentum Compelling Economic Profile Successfully operating demonstration Strong growth forecast in REO demand DFS completed for Belfast Commercial plant in Belfast, UK, showcasing and western governments rapidly
Slide 14: Ionic Rare Earths Limited contact details
ASX: IXR For personal use only OTC: IXRRF Ionic Rare Earths Limited www.ionicre.com Level 5 South investors@ionicre.com 459 Collins Street Melbourne, T +61 3 9776 3434 Victoria, 3000, Australia
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