Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from ioneer Limited ( (AU:INR) ) is now available.
Ioneer Ltd has announced an update on the Rhyolite Ridge Lithium-Boron Project, with revised project timelines and economic estimates. The company anticipates a substantial increase in mineral resources and ore reserves due to new data from additional drill holes, which could improve mining efficiency and economic flexibility. This project positions Ioneer as a key player in the lithium industry, capable of adjusting production to market conditions by focusing on lithium-boron-rich ore. The updates aim to enhance the project’s economic advantages, potentially benefiting stakeholders by offering a unique ability to optimize revenue streams.
More about ioneer Limited
Ioneer Ltd is an emerging lithium-boron producer and the sole owner of the Rhyolite Ridge Lithium-Boron Project, the only known lithium-boron deposit in North America and one of two globally. The project, located in Nevada, is integral to the region’s Lithium Loop and is expected to supply critical materials for electric vehicles. Ioneer has secured significant partnerships and financing, including a $996 million loan from the U.S. Department of Energy, and has offtake agreements with major companies like Ford and Prime Planet & Energy Solutions.
YTD Price Performance: 9.00%
Average Trading Volume: 113,868
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $250.4M
Find detailed analytics on INR stock on TipRanks’ Stock Analysis page.
