InvestSMART

ioneer Ltd (ASX:INR)

ALERT: Price-sensitive ASX Announcement for INR
Current share price for INR : $0.120 -0.005 (-4%)+
Announcement
Release
31 Mar 2026 9:44AM
Price at Release
$0.125
Full Release
download
Summary
On 31 March 2026, Ioneer Ltd announced that the U.S. District Court for the District of Nevada upheld the approval of the Rhyolite Ridge Lithium-Boron Project's mine plan. This decision marks a significant milestone for Ioneer, which plans to mine lithium and boron in Nevada, thereby contributing to the U.S. supply chain and national security by reducing reliance on foreign materials. The project, which has been in development for over six years, will create numerous American jobs. Ioneer continues to engage with various stakeholders and is set to advance strategic partnerships and commence construction. The project also secured a substantial loan from the U.S. Department of Energy.
Key Points
  • Federal Court upholds approval of Rhyolite Ridge mine plan.
  • Rhyolite Ridge Project will mine lithium and boron in Nevada.
  • Project supports U.S. supply chain and national security.
  • BLM and USFWS complied with environmental laws in project review.
  • Ioneer has worked with various stakeholders for over six years.
  • Project to create jobs and reduce reliance on foreign materials.
  • Ioneer aims to advance strategic partnerships and begin construction.
  • Rhyolite Ridge received a $996 million loan from the U.S. Department of Energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.