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Managing director John Sargeant will update investors in Sydney and Melbourne next week.
Company
ASX:INR
Ioneer is an emerging lithium-boron producer poised to become a globally significant producer of two critical minerals. The company's 100%-owned Rhyolite Ridge Lithium-Boron Project will provide a significant new source of two products necessary for permanent magnets, batteries, semiconductors, and military applications — strengthening the U.S. supply chain, reducing reliance on foreign sources, and bolstering national security.
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Investments and investor services
Managing director John Sargeant will update investors in Sydney and Melbourne next week.
ioneer is aiming to complete the Rhyolite Ridge DFS in Q3 2019 with initial production targeted for 2021.
The company will also report the findings of its DFS trade-off studies in the coming weeks.
ioneer is aiming to complete the DFS in Q3 2019 with initial production targeted for 2021.
Higher grades and shallow depths of mineralisation are expected to lead to higher cash flows, particularly in the early years of operations.
Last year’s pre-feasibility study demonstrated the project’s large scale, long life and low-cost lithium production.
The lithium price faces a slow downward trend to 2022 as the market shifts into a supply surplus in 2019.
The share purchase further aligns the board member with shareholders.
Recently completed PFS demonstrated the Rhyolite Ridge project’s scale, long life and potential to become the lowest cost lithium producer in the world.
Fluor Corporation (NYSE:FLR) is a renowned US-based global engineering company.
The two-day Technology and Low Emission Minerals Conference featured many of Australia’s emerging resource companies focused on sustainable operations and new energy minerals.
As CFO Ian Bucknell will play a key role in managing financing of the company’s flagship US lithium-boron project.
Keynote speaker the Hon Bill Johnston MLA told the conference that new and renewable energy technologies represent a once-in-a-generation opportunity for WA.
By taking options over cash, the board has aligned itself with shareholders.
Chairman James D Calaway gives us the lowdown as the company prepares to begin trading as ioneer Ltd today.