Ioneer forecasts commercial production at Rhyolite Ridge by 2027

Kitco Media
By Michael McCrae
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

Ioneer forecasts commercial production at Rhyolite Ridge by 2027 teaser image

With an environmental impact statement (EIS) set to be released this month for Ioneer's Rhyolite Ridge project, the company is focused on next steps. 

The draft EIS from the Bureau Of Land Management will be available for public comment beginning Friday, 19 April.

Ioneer Ltd is an emerging lithium–boron producer and the 100% owner of the Rhyolite Ridge lithium-boron project located in Nevada, USA.

"The pending release of this draft EIS is the first to be issued from the Biden Administration as part of its efforts to accelerate domestic lithium production," wrote the company in a news release. "It is the result of years of effective collaboration between Ioneer and federal, state and local agencies and Tribal Nations. It marks a key milestone in the environmental permitting review process for the proposed greenfield project in Esmeralda County, Nevada, set to inject a critical supply of integral transition materials into the U.S. EV battery production supply chain."

Ioneer forecast that the BLM will release a record of decision in 2024. The company will also make a final investment decision by year end. Anticipated commercial production is 2027. 

 

Kitco Media

Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.