Ionic Rare Earths (ASX:IXR) unit, Ionic Technologies' feasibility study for developing a rare earth oxide manufacturing facility in Belfast, UK, showed net revenue of $2.12 billion, according to a Friday filing with the Australian bourse.
The study also yielded earnings before interest, taxes, depreciation, and, amortization of $1.78 billion with a capital payback of 2.4 years, the filing said.
The total estimated cost to complete the facility in the Belfast Harbour is $108.7 million.
The production capacity of 400 tonnes per annum of separated magnet rare earth oxides represents a 40-fold increase in production capacity compared with the demonstration plant, the filing added.
The company is set to apply for a "significant capital grant" from the UK government for the facility. Production is scheduled to start by late 2026.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。