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Ioneer Quadruples Rhyolite Ridge Ore Reserve, Secures US$1.37B NPV
11:44pm on Monday 2nd of June, 2025 AEST
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Mining
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Ioneer Quadruples Rhyolite Ridge Ore Reserve, Secures US$1.37B NPV
11:44pm on Monday 2nd of June, 2025 AEST
Key Points
Ore Reserve upgraded to 246.6 million tonnes with 1.92 Mt lithium carbonate equivalent
95-year mine life with low-cost production in the global lithium lowest quartile
Boric acid co-product provides 25% of revenue, stabilizing earnings amid lithium price volatility
Capital expenditure estimated at US$1.668 billion with 70% engineering complete
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