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Ioneer Quadruples Lithium-Boron Reserves and Secures $16M for Rhyolite Ridge
11:11am on Monday 28th of July, 2025 AEST
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Mining
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Ioneer Quadruples Lithium-Boron Reserves and Secures $16M for Rhyolite Ridge
11:11am on Monday 28th of July, 2025 AEST
Key Points
Ore Reserves increased 308% to 247 million tonnes with a 95-year mine life
After-tax NPV of US$1.367 billion and IRR of 14.5% reaffirm project strength
US$16 million placement supports strategic partnering process led by Goldman Sachs
Testwork breakthrough boosts lithium and boric acid production efficiency by up to 14%
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