Biden boosts loan for ioneer's Nevada lithium mine

Biden boosts loan for ioneer's Nevada lithium mine to nearly $1 billion
The U.S. Department of Energy has finalized a $996 million loan for ioneer's Rhyolite Ridge lithium project, according to documents reviewed by Reuters, an increase of $296 million from a preliminary funding offer and a move aimed at boosting President Joe Biden's green energy legacy.
Ioneer shoots higher as Biden boosts loan for Nevada lithium mine to nearly $1B
Ioneer (NASDAQ:IONR) +13.7% in Friday's trading following a Reuters report that the U.S. Department of Energy has finalized a $996M loan for the company's Rhyolite Ridge lithium project in Nevada. The loan,
DOE OKs nearly $1B loan to company for lithium mine in Nevada desert
The U.S. Department of Energy has approved a nearly one billion dollar loan to mining company Ioneer for its Rhyolite Ridge lithium boron processing plant in Esmeralda County.
Ioneer Closes $966M DOE Loan for Lithium-Boron Project
Ioneer closed a $996 million loan from the Energy Department for its facility at its Rhyolite Ridge lithium-boron project in Esmeralda County, Nev. The Reno, Nev.-based lithium-boron producer said it expects the financing to develop on-site processing at the facility.
DOE finalizes nearly $1B loan for contentious NV Rhyolite Ridge lithium mine
In an effort to strengthen the nation’s domestic battery supply chain and electrify the transportation sector, the federal government closed a $996 million loan guarantee for a controversial lithium mine on the habitat of an endangered Nevada wildflower.
Nearly $1B loan secured for Nevada lithium-boron mine
A lithium-boron project on Friday closed on an almost $1 billion loan from the Department of Energy. Ioneer Limited is receiving a $996 million loan from the DOE through its Loan Programs Office under the Advanced Technology Vehicles Manufacturing program to support on-site processing of lithium-boron at its Rhyolite Ridge Lithium-Boron Project in Esmeralda County,
DOE grants $996 million loan to Nevada lithium project
RENO, Nev. - Ioneer Ltd (ASX: INR, Nasdaq: IONR), a lithium-boron producer with a market capitalization of $248.57 million, has secured a $996 million loan from the U.S. Department of Energy's Loan Programs Office (LPO) to enhance the Rhyolite Ridge Lithium-Boron Project in Esmeralda County,
DOE finalizes $1B loan for Nevada lithium project
The Department of Energy extended a loan guarantee for the construction of a processing facility for lithium, a key ingredient in electrical vehicle
Ioneer gets $1.6b loan to build Nevada lithium mine
Australia’s Ioneer has received a massive loan from the US energy department to create the first new lithium mine in the US ...
Elko Daily Free Press14h
Energy Department approves $1 billion loan to Rhyolite Ridge
The loan will fund construction of a state-of-the-art on-site processing facility for the Rhyolite Ridge Lithium-Boron Project, which is aiming to begin production in 2028.
Lame duck Congress ended without mine permitting reform bill pushed by NV lawmakers
A bipartisan effort to give mining companies more legal rights to federal lands and speed up the permitting process did not ...
Company touts success growing endangered plant, some fear extinction near Nevada mine site
A company planning to build a lithium and boron mine in central Nevada says its efforts to grow an endangered wildflower have ...
Southeast Missourian17d
A drop in groundwater could mean big trouble for a tiny snail as Nevada lithium project presses on
Poised to lead in lithium production Efforts to mine gold and other minerals in Nevada and other parts of ... in the U.S., followed by Ioneer’s Rhyolite Ridge project near the California line ...
Elko Daily Free Press2d
Western Exploration reports final 2024 drill results
Western Exploration says the 2024 drill program at its Aura Project about 75 miles north of Elko brought in exciting results that continue to show high-grade, extensive mineralization.