Ioneer Managing Director Bernard Rowe joined Steve Darling from Proactive to share news the company has reached a major milestone by being invited by the U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing Loan Program to enter due diligence.
Rowe telling Proactive this program has about 17 billion dollars available for companies looking to invigorate the critical materials supply chain in North America. Ioneer feels their Rhyolite Ridge Lithium Boron Project will be a perfect fit. Rowe adds there are additional steps the company must go through but this is a key step.