IONIC RARE EARTHS LIMITED — Investor Presentation 2021

Apr 28, 2021

29 April 2021

Makuutu Rare Earths Project Scoping Study Highlights and Discussion Webinar Presentation

Ionic Rare Earths Limited (“IonicRE” or “the Company”) (ASX: IXR) is pleased to announce that, Managing Director Tim Harrison will deliver a Webinar to outline and discuss the Makuutu Rare Earths Scoping Study.

Key Topics:

• Base Case 11 Year Production Target

• Outstanding Financial Model

• Rare Earth Basket Pricing and Outlook

• Capital Requirements and Cashflow Outlook

• Development Work Ahead

• Exploration and Resource Upside

Webinar: Makuutu Rare Earths Project Scoping Study overview and discussion at 12.00pm AEST on Friday April 30

Join us via this link:

https://us02web.zoom.us/webinar/register/WN_uJeeKBjxS1eG2Rv9q1tP6A

For enquiries, contact :

Tim Harrison Managing Director +61 8 9481 2555

Peter Taylor Peter@nwrcommunications.com.au +61 (0) 412 036231

Ionic Rare Earths Limited, Level 1, 34 Colin Street, West Perth WA 6005 Australia T+61 8 9481 2555 F+61 8 9485 1290