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ioneer Quadruples Rhyolite Ridge Reserves, Secures US$996M DOE Loan
11:43pm on Monday 2nd of June, 2025 AEST
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Mining
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ioneer Quadruples Rhyolite Ridge Reserves, Secures US$996M DOE Loan
11:43pm on Monday 2nd of June, 2025 AEST
Key Points
Ore reserves increased from 60 to 247 million tonnes
Mine life extended to 95 years
Unlevered NPV of US$1.37 billion and IRR of 14.5%
Project fully permitted and shovel ready with low-cost DOE debt
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