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.
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 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
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Standard Lithium and Equinor secure $225m to develop Arkansas project
Standard Lithium (TSXV: SLI) announced on Thursday that it has closed a $225 million grant from the U.S. Department of Energy ...
New lithium reserves discovered in US, China
One cache, found along the borders of Nevada and Oregon, potentially holds as much as 40 million metric tons of lithium, ...
Why Lithium prices may finally stabilise in 2025 after a two-year downtrend
Shuttered mines and rising sales of electric vehicles in China are expected to keep lithium prices stable in 2025, according ...
Zijin Mining Announces $6 Billion Domestic Acquisition, Sets Stage For Lithium Expansion
China's Zijin Mining Group advancing talks to acquire Zangge Mining Co., valued at $6.4 billion. Deal aligns with Zijin's ...
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Rapid Lithium Updates Project Acquisitions and Strategic Focus
Armada Metals Ltd. ( ($AU:RLL) ) has issued an update. Rapid Lithium Limited has renegotiated the payment terms for its acquisition of the ...
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Savannah seeks compulsory land purchases at Portuguese lithium mine
Savannah Resources is seeking Portuguese government approval for the compulsory purchase of land around its Barroso lithium mining project, in a test of Europe’s commitment to boost its minerals ...
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Zijin Mining in talks to acquire Zangge Mining to expand lithium operations
China's Zijin Mining Group is negotiating to acquire shares in Zangge Mining, a Chinese lithium producer, part of its strategy to expand in the lithium market. The potential acquisition ...