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Ioneer’s Rhyolite Ridge Lithium-Boron Project Receives Final Permit Approval from U.S. Federal Government; Construction Planned for 2025
October 24 2024 - 2:00PM
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Project will quadruple U.S. lithium output, create hundreds of high paying jobs in rural Nevada

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 Valley community, to ensure the sound and sustainable development of our Rhyolite Ridge Lithium-Boron Project. We value our relationships with these stakeholders and appreciate their openness to engage, discuss concerns and develop solutions. Without that open and honest dialogue, such an outcome could never have been possible,” said Ioneer Managing Director Bernard Rowe. “This permit gives us a license to commence construction in 2025 and begin our work in creating hundreds of good-paying rural jobs, generating millions in tax revenue for Esmeralda County, and bolstering the domestic production of critical minerals.”

“I can say with absolute confidence there are few deposits in the world as impactful as Rhyolite Ridge. Today’s approval of Ioneer’s federal permit is the culmination of countless hours of work and a testament to our remarkable team’s dedication to developing and building one of the most sustainable mining projects in the country,” said Ioneer Executive Chairman James Calaway. “We are pleased by what we have achieved working with the Biden Administration, and by the bi-partisan support we have received at the federal, state and local levels.”

The formal Record of Decision (ROD) follows the issuance last month of the final Environmental Impact Statement (EIS)1 by the BLM, which incorporated public feedback received during the April-June open comment period, and concludes the rigorous and comprehensive formal federal permitting process, which began in early 2020. Ioneer’s pre-permitting work began in early 2019 and, in December 2022, the company formally entered the final stages of the National Environmental Policy Act (NEPA) review, as required by all projects on federal lands.

Ioneer enacted major changes to the project throughout the permitting process resulting in a stronger, more sustainable project that incorporates the needs and concerns of all stakeholders. They include:

Major modification to the location of the western wall of the quarry to avoid Tiehm’s buckwheat, an endangered species adjacent to the project designated in December 2022,
Relocation of all possible infrastructure and related disturbance to areas outside of critical habitat identified because of its potential to support pollinators for Tiehm’s buckwheat,
Relocation of overburden storage facilities to avoid culturally sensitive sites and other important mitigation measures based on input from tribal site visits and consultation,
Commitments to water conservation,2 and
Commitments to dust, noise and light monitoring as well as mitigation and minimization of impact for the community and nature.
As part of the final EIS, the U.S. Fish and Wildlife Service, which oversees the administration of the Endangered Species Act (ESA), also formally released the ESA Section 7 Biological Opinion concluding Rhyolite Ridge will not jeopardize Tiehm’s buckwheat or adversely modify its critical habitat.

Rhyolite Ridge’s commitment to sustainability extends to its processing facility, for which 70% of engineering is complete, to recycle half of all the water used. As Ioneer’s facility comes online, the company will evaluate and continue to deploy new technologies to further reduce water consumption.

Due to the deposit’s unique minerology, Ioneer will limit its operational footprint by avoiding the use of evaporation ponds and curtail its carbon footprint as its steam-powered facility will operate independently from the Nevada energy grid.

With the project formally approved by the federal government, Ioneer expects to issue updated reserve figures and estimated project costs by December 2024 and advance toward a Final Investment Decision with its financing partners.

Estimated Project Timeline

Ioneer’s estimated timing* for the Rhyolite Ridge Lithium-Boron Project is as follows:

Milestone

Targeted timing

Note

Anticipated Final Investment Decision

1Q 2025

Based on current management estimates and accounting for the Sibanye-Stillwater agreement, U.S. Department of Energy Loan Programs Office conditional loan and any other required funding close.

Construction

36 months

Includes supply of long-lead items and construction. Subject to lead times and when orders are placed.

Anticipated Commercial Production and Delivery to Partners

2028

Produce and process high-grade lithium and boron on-site at Rhyolite Ridge.

*As of October 2024, and subject to change.

This ASX release has been authorised by Ioneer Managing Director, Bernard Rowe.

About Ioneer

Ioneer Ltd is an emerging lithium–boron producer and the 100% owner of the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. Rhyolite Ridge is the only known lithium-boron deposit in North America and one of only two known such deposits in the world. Once operational, the low-cost, world-class project is expected to power upward of 50 million electric vehicles and will instantly become a globally significant source of critical materials vital to the clean energy transition.

In September 2021, Ioneer entered into an agreement with Sibanye-Stillwater where, following the satisfaction of conditions precedent, Sibanye-Stillwater will acquire a 50% interest in the Project, with Ioneer maintaining a 50% interest and retaining the operational management responsibility for the joint venture. In January 2023, Ioneer received a conditional commitment from the U.S. Department of Energy Loan Programs Office for up to $700 million of debt financing.

Ioneer signed separate offtake agreements with Ford Motor Company and PPES (joint venture between Toyota and Panasonic) in 2022 and Korea’s EcoPro Innovation in 2021.

To learn more about Ioneer, visit www.Ioneer.com/investors.

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Important notice and disclaimer

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SYDNEY, Australia – 5 June 2024 – Ioneer Ltd (“Ioneer”) (ASX: INR, NASDAQ: IONR), is dedicated to developing the Rhyolite Ridge Lithium-Boron Project in a responsible and sustainable manner. The timely conclusion of the Biden administration’s Department of Interior Draft Environmental Impact Statement comment period supports our previously stated expectation of a Final Environmental Impact Statement being published in September 2024 and a Record of Decision in October 2024.

Once operational, Rhyolite Ridge will quadruple the nation’s lithium supply, playing an important role in strengthening the domestic supply chain for minerals critical to the clean energy transition.

As part of our five years of engagement with federal, state and tribal officials and members of the community, we sought to set the new standard for domestic lithium project development. Listening has made our project stronger, and we look forward to addressing feedback to the Bureau of Land Management from the public comment period.

We are excited to complete the remaining steps in the federal permitting process, begin construction, and provide the critical components set to power millions of American electric vehicles.

This ASX release has been authorised by Ioneer Managing Director, Bernard Rowe.



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[TradingCharts]

Did you know? The searlesite (lithium/boron) mineralogy found at Rhyolite Ridge is unique amount known global deposits. This rare composition allows Ioneer to produce these critical energy transition materials sustainably and cost-effectively.

hashtag#lithium hashtag#boron hashtag#ev hashtag#lithiumionbatteries hashtag#criticalminerals hashtag#madeinamerica hashtag#rhyoliteridge
https://www.linkedin.com/feed/update/urn:li:activity:7194030057869225984/

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Nevada Newsmakers - Feb 16, 2024 - Bernard Rowe, Ioneer USA Corp President

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Lithium South.
https://www.lithiumsouth.com/leadership/
Alison Dai
DIRECTOR

Ms. Dai has 7 years of experience in the lithium industry and is responsible for business development and is a director for Chengdu Chemphys Chemical Industry Co., Ltd. In her role at Chemphys, Ms. Dai has been involved in developing strategic partnerships, international markets and procurement. Prior to joining Chemphys, Ms. Dai was an investment banking analyst at J.P. Morgan Australia in the mining and metals team. Ms. Dai holds a double degree in Bachelor of Laws and Bachelor of Commerce from the University of Western Australia.

Yi Hua Dai
DIRECTOR

Yi Hua (PhD) founded Chemphys in 1998 to focus on battery quality and high purity lithium processing. He is a certified Technical and Economic Expert of Sichuan Province and China Non-ferrous Metals Industry Association Expert. Yi Hua has a proven record of leading the development of lithium manufacturing techniques with 24 patents valid and under application.

Why this is the news IBAT has been waiting for.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173847481

[agblanco]

Okay. What are the DLE stocks that you think hold the most promise, over say the next year? My favorite is IBAT.

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agblanco, You are singing to the choir.

I spent months harassing Jigar Shah on LinkedIn and all over the internet. To the extent I thought someone would be knocking on my door.
Director @ DOE Loan Programs Office | Project
https://www.linkedin.com/in/jigarshahdc/

Biden is being black mailed by China. No mines have openned in the US under that pedophilas term.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173746490
You, are wrong I do not think ioneer will get a permit under the Biden adminisitration.

Yes, I realize Ioneer and its supporters think they will be permitted,

what's really happening is that the government is playing heads-we-win and tails-we-win. The government issues a conditional loan commitment for $700 million (conditional on permitting).

I gambled on Ioneer and Talon metals would get a permit ealy last year. When permit reform was in the Infation Act, Joe Manchin, sold out America and his party..

I sold both stocks as a tax lose it cost me $50k.
I still get info on many stocks that I do not own anymore, but I still post it.

Manchin, Westerman plot new push for permitting reform
https://www.eenews.net/articles/manchin-westerman-plot-another-push-for-permitting-reform/

Ben Carson said, on PBD Joe Manchin had an offer he could not refuse.

‘He Was Given An Offer He Couldn’t Refuse’ - Did Joe Manchin Sell Out The American People?

[agblanco]

Yes, I realize Ioneer and its supporters think they will be permitted, but what's really happening is that the government is playing heads-we-win and tails-we-win. The government issues a conditional loan commitment for $700 million (conditional on permitting). This pleases the portion of the electorate that applauds government support of clean energy. But, then another governmental agency denies the permit. This pleases the portion of the electorate that applauds environmental protection. The government is only concerned with getting re-elected. If this does not convince you, it's fine with me. All I'm saying is that there is risk with Ioneer, which Is why I'm not enthused.

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Go to bottom of page and work your way up. If it does not convince you it is fine with me it is addressed in every video.

[agblanco]

Ha Ha. Wrong buckwheat. Ioneer's problem is Eriogonum tiehmii. https://en.wikipedia.org/wiki/Eriogonum_tiehmii

[TradingCharts]

The Buckweat problem has been fixed, by John David Stutts.

[agblanco]

I'm not enthused with Ioneer. They've got a buckwheat problem. https://nevadacurrent.com/2023/05/05/lithium-mining-company-hopes-to-plow-ahead-by-growing-endangered-plant-in-greenhouse/

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E88: Lithium Pearl Jam. Wilsons Advisorys' Sam Catalano

3,137 views Feb 9, 2024 #lithium #electricvehicles
INDEX:
0:00 - Introduction
6:04 - Profitability Still Achievable in Volatile Lithium Market Despite Structural Changes
8:08 - Methodology Behind Long-Term Lithium Pricing Models and Project Viability
13:23 - Significant Price Increase Needed to Incentivize Lithium Project Development
15:34 - Viability of Low-Grade Lepidolite as Alternative Lithium Supply
19:56 - Concerns Over Potential Overcorrection in Lithium Pricing Amidst Recent Production Cuts and Rationing
20:57 - Risks of Market Pivot Towards Lithium and Impact on Supply Chains
25:19 - [Alcoa, Albemarle, Arcadium] Parallels Between Lithium Industry's Evolution and Quality Bias in Matured Steel Industry
30:03 - [Alcoa, Rio Tinto] Profitability and Future Trajectory of Lithium Industry Amid Uncertainties
32:34 - [Sichuan Yahua, Pilbara, Chengxin] Lithium is becoming more commoditized
35:33 - [Atlantic Lithium, Liontown, Leo Lithium, Core Lithium, Ioneer] - Atlantic's Position Despite Quality Assets Amid Bid Activity Discrepancies
42:54 - Sayona, Lake Resources, AVZ Minerals Influence of Retail vs. Institutional Ownership on Stock Valuation
51:08 - Mali's Political Instability and its Impact on Leo Lithium's Future
55:09 - [Gangfeng] Industry Dynamics Shift as China Expands Operations in Africa Amid Political Uncertainty in Mali
59:06 - [Liontown] Funding Gap Looms Large as Liontown's Breakeven Price Exceeds Current Market Rates
1:02:01 - [Core Lithium] Core Lithium Shutdown: What Price Reopens the Door?
1:04:26 - [Liontown] - How confident are you in Liontown's study compared to Core Lithium's
1:06:23 - Ioneer - Why is Ioneer your long-term prospect?

[futrcash]

Good find!

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[TradingCharts]

What’s in store for 2024: Ioneer

https://stockhead.com.au/stockhead-tv/whats-in-store-for-2024-ioneer/

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Investors are waiting on the final permit from BLM to proceed,

But the

Market is yet to grasp the full picture here-

https://wcsecure.weblink.com.au/pdf/INR/02734357.pdf

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[TradingCharts]

The restocking panic begins.
https://www.linkedin.com/feed/update/urn:li:activity:7140689200298831873/

[futrcash]

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02734357-2A1484727?access_token=83ff96335c2d45a094df02a206a39ff4

Additional One Million tons Lithium Carbonate through this new contract!

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[TradingCharts]

02/11/2023 10:11 pm
2023 AGM - Results of Meeting
ASX big move tonight volume up the last few weeks.
https://www.asx.com.au/markets/company/inr

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Ioneer Ltd. 4,488 followers
7m •

Ioneer has taken a significant step towards developing additional lithium for the U.S. electric vehicle industry.

We're thrilled to announce the signing of a Memorandum of Understanding with EcoPro BM focused on lithium development at Rhyolite Ridge. The resource being targeted would provide materials for approximately 1 million tons of vital lithium materials.

This is a big win for our work to support securing the domestic critical minerals supply chain and create quality jobs right here in Nevada.

Learn more here: https://lnkd.in/gwY_6-TH #lithium #EVs #electricvehicles #supplychains #nevadamining #criticalmaterials #lithiumloop

https://www.linkedin.com/feed/update/urn:li:activity:7125511737872707587/

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Ioneer Ltd. 4,481 followers
18h •

As we progress the Rhyolite Ridge Lithium-Boron Project toward construction and operation, Ioneer is actively working to develop best-in-class sustainability practices and reporting frameworks to drive continuous improvement. To this end, Ioneer’s ESG Committee elected to adopt the Towards Sustainable Mining (TSM) standards administered by the Mining Association of Canada (MAC) as a yardstick of environmental and social successes above and beyond our permit requirements. https://www.ioneer.com

https://www.linkedin.com/feed/update/urn:li:activity:7124825287543984128/

[TradingCharts]

Ioneer Ltd.
4,456 followers
9h •

Ioneer’s planned processing facility includes a sulfuric acid plant and related steam turbine, which will allow the Company to produce sufficient electricity to power its entire operation. This means zero reliance on the Nevada electrical grid and minimal use of fossil fuels to produce needed electricity. Electricity generated in this manner produces minimal CO2 emissions and minimal hazardous air pollutants and is considered green co-generation. https://lnkd.in/gKuc5uuz

#lithium #boron #EVs #electricvehicles #supplychains #nvmining #lithiumion #batteries #sustainability #lithiumrefining #lithiumcarbonate #circulareconomy #suppychain
https://www.linkedin.com/feed/update/urn:li:activity:7123012859059474432/

[TradingCharts]

Could this be one of the most exciting Lithium projects? Ioneer is ready to move ahead. (ASX:INR)

[TradingCharts]

Ioneer Ltd
5h •

Instilling a culture of excellence in corporate and operational governance has been a focal point of Ioneer in advancing the Rhyolite Ridge Project to promote our collective desire to operate responsibly, ethically, and transparently. https://lnkd.in/gKuc5uuz

#lithium #boron #EVs #electricvehicles #supplychains #nvmining #lithiumion #batteries #sustainability #lithiumrefining #lithiumcarbonate

https://www.linkedin.com/feed/update/urn:li:activity:7113156655470559234/

[TradingCharts]

Ioneer updates on permitting and Rhyolite Ridge growth potential

[TradingCharts]

Ioneer Ltd.
5h •

Ioneer is pleased to have Sibanye-Stillwater, a leading international mining company, as a strategic partner in our Rhyolite Ridge Lithium-Boron Project. Sibanye-Stillwater is one of the world’s largest primary producers of platinum, palladium and rhodium, and is also a top-tier gold producer, ranking third globally on a gold equivalent basis. https://lnkd.in/gyN5KXbc
https://www.linkedin.com/feed/update/urn:li:activity:7110316691602948096/

[TradingCharts]

Ioneer (INR) at the Emerging Leaders Conference 2023

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a team led by UNR, the Nevada Governor's Office of Economic Development (GOED) , Truckee Meadows Community College, along with dozens of local and regional companies including Ioneer, was one of the 44 teams nationwide selected to receive an NSF Engines Development Award. The team aims to leverage statewide resources and talent to grow the circular economy around the life cycle of lithium batteries.
https://www.linkedin.com/feed/update/urn:li:activity:7097200266688548864/?origin=SHARED_BY_YOUR_NETWORK

[futrcash]

Excellent Update!

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[TradingCharts]

Ioneer Chairman James Calaway at the Benchmark Minerals Battery Gigafactory Conference June 2023

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Ioneer Ltd.

Ioneer remains committed to conserving Tiehm’s buckwheat, and our efforts continue to show promising results. Read more about a recent event held at the Tiehm’s Buckwheat Conservation Center.

https://lnkd.in/gwaGy8sT

https://www.linkedin.com/feed/update/urn:li:activity:7080648795360804864/

[TradingCharts]

The U.S. Department of Energy (DOE) Loan Programs Office DOE Loan Programs Office

announced a conditional commitment for a loan of up to $9.2 billion to BlueOval SK, LLC for the construction of three manufacturing plants to produce batteries for Ford Motor Company.
Ioneer Ltd. has signed a binding offtake agreement with Ford to supply 7000 tpa of lithium carbonate from Rhyolite Ridge in Nevada intended to supply BlueOval SK, LLC.

https://www.linkedin.com/feed/update/urn:li:activity:7078480697312624640/

[TradingCharts]

LPO’s Rigorous Due Diligence of Projects in a Global Supply Chain
JUNE 12, 2023

https://www.energy.gov/lpo/articles/lpos-rigorous-due-diligence-projects-global-supply-chain

[TradingCharts]

Here’s how the debt ceiling bill would change the US energy permitting process
BY ZACK BUDRYK - 06/01/23
https://thehill.com/policy/energy-environment/4030683-heres-how-the-debt-ceiling-bill-would-change-the-us-energy-permitting-process/

[TradingCharts]

Efficient equipment
Generating all power on-site.
Automation of mine haulage equipment.
https://www.ioneer.com/

[futrcash]

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02664350-2A1448611?access_token=83ff96335c2d45a094df02a206a39ff4

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