Ioneer Ltd closed on a $996 million loan from the U.S. Department of Energy for its Rhyolite Ridge lithium project. The loan represents a $268 million increase from the initial commitment ...

ioneer’s Rhyolite Ridge project has secured key permits and financing, with first production now projected for 2028. Lithium prices have stabilized, supported by production cuts and strong EV ...

Magma made of rhyolite produces characteristic volcanic ash, but basalt is the real driver of eruptions because it flows more easily. That means it can circulate heat from deep within the Earth ...

This funding will support the development of an on-site processing facility at the Rhyolite Ridge Lithium-Boron project in Esmeralda County, Nevada, significantly boosting domestic lithium production.

Once operational, Rhyolite Ridge will quadruple the nation’s current domestic lithium supply, power an estimated 370,000 electric vehicles per year, create an estimated 500 jobs during ...