Ioneer managing director Bernard Rowe said: “Rhyolite Ridge is fully permitted and construction ready. This loan demonstrates ...

The Ioneer project received federal approval last year after a long battle over an endangered wildflower that only grows in ...

In an effort to strengthen the nation’s domestic battery supply chain and electrify the transportation sector, the federal ...

Ioneer Ltd closed on a $996 million loan from the U.S. Department of Energy for its Rhyolite Ridge lithium project. The loan represents a $268 million increase from the initial commitment ...

Once operational, Rhyolite Ridge will quadruple the nation’s current domestic lithium supply, power an estimated 370,000 electric vehicles per year, create an estimated 500 jobs during ...

“The United States requires Rhyolite Ridge and more projects like it if we want secure domestic critical mineral production. It’s as simple as that.” The loan is $968 million principal and $ ...

Loan increased due to inflation and bigger lithium deposit Rhyolite Ridge to produce 22,000 metric tons of lithium annually ...

The loan includes a 20-year term with interest rates far more favorable than those likely to be obtained in private financial markets. (Screengrab from DOE Loans Programs office) In an effort to ...