How Does Ionic Rare Earths' Mining Licence Grow the Business? — ASX:IXR| ASX Mining News & Discussion
Lykeshares Official
$IXR How Does Ionic Rare Earths' Mining Licence Grow the Business?

Ionic Rare Earths: Pioneering the Future of Rare Earth Mining in Uganda

Melbourne, January 18, 2024 – Ionic Rare Earths Limited (ASX: IXR), a forerunner in the rare earth mining industry, has achieved a significant milestone with the Ugandan government's recent authorization of the Large Scale Mining Licence (LML) for the Makuutu Heavy Rare Earths Project. This development marks a pivotal moment not only for the company but also for Uganda's mining sector.

A Landmark Achievement: Uganda's First Large Scale Mining Licence

On January 17, 2024, a historic event took place in Kampala. The Ugandan Minister of Energy and Mineral Development, Honourable Dr Ruth Nankabirwa Ssentamu, officially signed LML 00334, thereby granting IonicRE the first large-scale mining licence under Uganda's Mining Act of 2022. This event, symbolizing the Ugandan government's commitment to long-term investment security in flagship projects, was attended by key figures including Mr Patience Singo, Country Manager of Rwenzori, and Mr ...
How Does Ionic Rare Earths' Mining Licence Grow the Business?

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?