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IONEER LTD (ASX: INR)

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INR: Ioneer and Dragonfly Energy Partnership

IONEER LTD

2023-05-10 08:18:00

INR: Mineral Resource increases by 168% to 3.4Mt LCE

IONEER LTD

2023-04-26 09:24:00

INR: US Dept of Energy Loan Offer of US$700m for Rhyolite Ridge

IONEER LTD

  1. The Conditional Commitment from the U.S. Department of Energy follows finalization of a term sheet with the DOE for a proposed loan of up to US$700 million to develop the Rhyolite Ridge Lithium-Boron Project.
  2. The proposed loan is to be made under the DOE Loan Programs Office’s Advanced Technology Vehicles Manufacturing program for a term of approximately 10 years with an interest rate fixed from the date of each advance for the term of the loan at applicable U.S. Treasury rates.
  3. The proposed DOE loan coupled with Sibanye -Stillwater’s expected equity contribution to secure a 50% interest in the Project , is anticipated to fund a substantial part of the preliminary capital expenditure estimate , representing a significant step towards a complete funding package for Rhyolite Ridge.

2023-01-16 08:24:00