ioneer Ltd Overview
Pro stress-test →ioneer is developing the Rhyolite Ridge Lithium-Boron Project in Nevada to provide a significant new source of products necessary for permanent magnets, batteries, semiconductors, and military applications, strengthening the U.S. supply chain and reducing reliance on foreign sources. The company owns 100 percent of the only lithium-boron deposit in North America and one of two known lithium-boron deposits globally.
Strategic Profile
Pro stress-test →The Definitive Feasibility Study confirmed Rhyolite Ridge as a world-class lithium and boron project expected to become a globally significant, long-life, low-cost source vital to a sustainable future. ioneer has signed binding lithium offtake agreements with EcoPro Innovation, Ford Motor Company, Prime Planet Energy Solutions (a joint venture between Toyota and Panasonic), and Dragonfly Energy.
Competitive Landscape
Pro stress-test →Rhyolite Ridge is the only known deposit in North America and one of two globally with commercial amounts of high-grade lithium and boron. Competitors include Standard Lithium, Livent, and emerging lithium producers, but ioneer's unique lithium-boron deposit and low-cost production profile provide significant competitive advantages in the critical minerals space.
Industry Context
ioneer Ltd operates in Critical Minerals / Lithium & Boron Mining.
Key facts
Founded: 2001 · Headquarters: North Sydney, Australia · Market cap: $480M AUD