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.

Funds will be used to build a lithium processing facility in rural Nevada that will supply Ford ... Australia-based ioneer had estimated the mine's cost at roughly $785-million in 2020.

The loan includes a 20-year term with interest rates far more favorable than those likely to be obtained in private financial markets. (Screengrab from DOE Loans Programs office) In an effort to ...

The “White Hill” at Rhyolite Ridge in Esmeralda County, Nevada. (Photo courtesy Ioneer) A bipartisan effort to give mining companies more legal rights to federal lands and speed up the permitting ...

BOGOTA, Jan 18 (Reuters) - Zijin Mining (601899.SS), opens new tab has paused production at its Buritica gold mine in Colombia after assailants armed with homemade bombs damaged a key power source ...

Ioneer’s Rhyolite Ridge lithium-boron project in Nevada. The mine will be the first new lithium mine in the US in almost 60 years, quadrupling America’s current domestic lithium supply.

Funds will be used to build a lithium processing facility in rural Nevada that will supply Ford and other EV manufacturers ... In 2020, Australia-based ioneer estimated the mine's cost at roughly $785 ...

Lithium mine Rhyolite Ridge, the largest known lithium and boron deposit in North America, is expected to be under construction this year and take 36 months, with first production starting in 2028.