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DOE offers Ioneer conditional commitment for a loan of up to US$700M for Rhyolite Ridge project

The US Department of Energy’s (DOE) Loan Programs Office (LPO) has offered a conditional commitment to lend up to $700 million to Ioneer Rhyolite Ridge LLC to develop a domestic supply of lithium carbonate for electric vehicle (EV) batteries from the Rhyolite Ridge Lithium-Boron Project (Rhyolite Ridge) in Esmeralda County,.

Critical minerals for electric vehicles: Ioneer lands first $1bn US government loan for lithium mine

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