ioneer Limited Sponsored ADR (IONR) has released an update.
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ioneer Limited, owner of the Rhyolite Ridge Lithium-Boron Project in Nevada, is on the brink of a significant achievement with the anticipated positive Record of Decision from the U.S. government in October 2024, enabling construction to commence. The company has successfully completed extensive preparatory work, including an updated Mineral Resource Estimate and securing key state permits, positioning itself as a key player in the U.S. lithium market and a contributor to the domestic EV supply chain. With a strengthened balance sheet following a $25 million share placement, ioneer Limited is set to deliver a sustainable supply of lithium and boron, crucial for a greener future.
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