Ioneer’s Rhyolite Ridge Lithium-Boron Project Receives Final Permit Approval from U.S. Federal Government; Construction Planned for 2025
ioneer Ltd (IONR)
Company Research
Source: Business Wire
Project will quadruple U.S. lithium output, create hundreds of high paying jobs in rural Nevada SYDNEY--(BUSINESS WIRE)--Ioneer Ltd (“Ioneer”) (ASX: INR, NASDAQ: IONR) received its federal permit for the Rhyolite Ridge Lithium-Boron Project from the Bureau of Land Management. With the positive decision, Rhyolite Ridge becomes the first U.S. lithium project approved by the Biden Administration as part of its efforts to accelerate domestic critical mineral production and advances the Esmeralda County, Nevada investment toward construction in 2025 and first production in 2028.Rhyolite Ridge will supply the batteries for more than 370,000 American-made electric vehicles annually and process crucial battery materials on-site in the United States. The project will create an estimated 500 jobs during construction and 350 high paying jobs during its decades in operation.“For more than six years, we have worked closely with state, federal and tribal governments, as well as the Fish Lake Val
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News
- Nevada lithium mine wins final approval despite potential harm to endangered wildflower [Yahoo! Finance Canada]Yahoo! Finance Canada
- US approves lithium project in push to break China’s grip on EV minerals [Financial Times (FT.com) (UK)]Financial Times
- Nevada Lithium Achieves 97% Lithium and 98% Boron Recovery on High-Grade Mineralization. Engages Fluor Enterprises, Inc. to Design Flowsheet and Process Plant for Updated PEA [Financial Post (Toronto, Ontario, Canada)]Financial Post
- US agency review says Nevada lithium mine can co-exist with endangered flower [Yahoo! Finance Canada]Yahoo! Finance Canada
- US agency review says Nevada lithium mine can co-exist with endangered flower [Financial Post (Toronto, Ontario, Canada)]Financial Post