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Ioneer Secures $996M DOE Loan to Launch Rhyolite Ridge Lithium-Boron Mine
9:22am on Thursday 30th of January, 2025 AEDT
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Mining
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Ioneer Secures $996M DOE Loan to Launch Rhyolite Ridge Lithium-Boron Mine
9:22am on Thursday 30th of January, 2025 AEDT
Key Points
Closed upsized US$996 million loan from U.S. Department of Energy
Received final federal permit from Bureau of Land Management
Targeted construction start in 2025 with commercial production by 2028
Project to quadruple U.S. domestic lithium supply and create 850 jobs
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ioneer (ASX:INR)
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