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.
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,
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.
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.
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
Las Vegas Review-Journal10mon
Inside the rush to make Nevada the country’s lithium capital
Rowe, a geologist and managing director of Australian mining company Ioneer, is one leader at the helm of Nevada’s lithium revolution. Since 2016, he and his company have invested more than $172 ...
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 ...
Elko Daily Free Press22h
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.
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 ...