Last year’s pre-feasibility study demonstrated the project’s large scale, long life and low-cost lithium production.
ioneer Ltd
ioneer Ltd (ASX:INR) is an emerging lithium-boron supplier from its Rhyolite Ridge project in Nevada.
| EPIC: | INR |
| Market: | ASX:INR |
| 52-week High/Low: | A$0.52 / A$0.14 |
| Sector: | Mining |
| Market Cap: | $302.37 m |
| Website: | www.ioneer.com |
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Big Picture – A Deep Dive Examination of ioneer Ltd
ioneer Ltd Timeline
The US Government has classed lithium as a critical mineral as it aims to reduce reliance on China.
The contract was awarded to SNC-Lavalin Group Inc. (SNC).
ioneer is aiming to complete the Rhyolite Ridge DFS in Q3 2019 with initial production targeted for 2021.
The company will also report the findings of its DFS trade-off studies in the coming weeks.
ioneer is aiming to complete the DFS in Q3 2019 with initial production targeted for 2021.
Higher grades and shallow depths of mineralisation are expected to lead to higher cash flows, particularly in the early years of operations.
Last year’s pre-feasibility study demonstrated the project’s large scale, long life and low-cost lithium production.
The share purchase further aligns the board member with shareholders.
Recently completed PFS demonstrated the Rhyolite Ridge project’s scale, long life and potential to become the lowest cost lithium producer in the world.
Fluor Corporation (NYSE:FLR) is a renowned US-based global engineering company.
As CFO Ian Bucknell will play a key role in managing financing of the company’s flagship US lithium-boron project.
By taking options over cash, the board has aligned itself with shareholders.
Chairman James D Calaway gives us the lowdown as the company prepares to begin trading as ioneer Ltd today.
The shares were purchased yesterday at an average price of 24 cents each.
The company is forecast to become one of the world’s lowest cost lithium carbonate producers.
The trading halt will remain in place until the results have been released this Tuesday.
Investors can login to a live webcast of the release next Tuesday.
The company hopes to produce ions for a sustainable future at its Rhyolite Ridge Lithium-Boron Project in Nevada.
Newswire
Global Geoscience’s PFS confirms Nevada lithium-boron resource can support a 30-year mine life
The 92 million tonne mineable resource at Rhyolite Ridge is graded at 1,735ppm lithium and 1.23% boron.
Shares in the company have increased over 200% in past 9 months.
The plan is to mine 3-4 million tonnes per annum of lithium-boron rich mineralisation.
The halt will remain in place until the opening of trade on Thursday 28th September 2017.
