Ionic Rare Earths Ltd (ASX:IXR, OTC:IXRRF) is advancing plans to list its shares on London's AIM market in the fourth quarter of 2026 as it builds its UK presence and progresses commercialisation of its rare earth magnet recycling technology .
The proposed AIM admission would complement IonicRE's existing ASX listing and is expected to broaden the company's access to UK and European investors with an interest in critical minerals and the energy transition.
Peel Hunt LLP and Canaccord Genuity (TSX:CF, LSE:CF) Limited have been appointed as advisers for the proposed listing, which remains subject to customary regulatory approvals.
Belfast recycling facility central to UK strategy
A key focus of IonicRE's UK growth strategy is the commercial magnet recycling facility being developed in Belfast by subsidiary Ionic Technologies.
The facility forms part of the company's push to commercialise its proprietary rare earth recycling technology and establish independent, traceable supply chains outside China.
IonicRE also sees potential to replicate the recycling technology internationally as demand grows for alternative sources of magnet rare earths used across electric vehicles, renewable energy and other advanced technologies.
The company said engagement with UK and European investors had generated encouraging interest in both the Belfast recycling strategy and its broader growth plans.
AIM listing to expand investor exposure
IonicRE believes admission to AIM could strengthen its capital funding strategy while lifting its profile across the UK and Europe.
AIM, operated by the London Stock Exchange, has been a funding market for growth companies for more than 30 years, and IonicRE said recent rule changes had increased its attractiveness as a listing venue.
The board believes the company has reached a stage where a dual listing could support the next phase of commercialisation and international expansion.
About Ionic Rare Earths
Ionic Rare Earths is focused on developing alternative and traceable rare earth supply chains through recycling and primary resource development.
Its UK-based Ionic Technologies business is developing technology to recover high-value magnet rare earths from end-of-life permanent magnets and other secondary sources, with the Belfast operation forming a key part of its commercialisation strategy.
The company is targeting AIM admission during the fourth quarter of 2026 while maintaining its primary ASX listing.
