Ioneer Ltd held a special call on September 27, 2025, to discuss a "Material Improvement in Project Economics" for its Rhyolite Ridge project. This update follows previous announcements regarding updated project economics and a major ore reserve upgrade.
The company confirmed that the Rhyolite Ridge project has secured key permits and financing, including the $996 million loan from the U.S. Department of Energy. These developments contribute to the project's overall financial viability and progress.
Ioneer also reiterated that the first production from the Rhyolite Ridge project is now projected for 2028. This timeline provides a concrete target for the commencement of commercial operations, offering clarity on the project's development schedule.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.