ioneer: Slow And Steady Progress At Rhyolite Ridge
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ioneer's Rhyolite Ridge project has secured key permits and financing, with first production projected for 2028. Lithium prices have stabilized, benefiting ioneer's long-term prospects. The DOE increased ioneer's loan to $996M, offsetting inflation-related construction costs.
February 09, 2025 | 10:00 am
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ioneer's Rhyolite Ridge project has secured key permits and financing, with first production now projected for 2028. The DOE increased ioneer's loan to $996M, offsetting inflation-related construction costs.
The increase in the DOE loan to $996M is a significant financial boost for ioneer, helping to offset inflation-related construction costs. This, along with the stabilization of lithium prices, supports the company's long-term prospects, making it likely that the stock will see a positive impact in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80