Once operational, Rhyolite Ridge will quadruple the nation’s current domestic lithium supply, officials say.

Reuters

United Kingdom

Biden boosts loan for ioneer's Nevada lithium mine to nearly $1 billion

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RENO, Nev. -- Ioneer Ltd (ASX: INR, Nasdaq: IONR) (Ioneer) announced the closing of a $996 million loan from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) under the Advanced Technology Vehicles Manufacturing (ATVM) program to support the development of an on-site processing facility at the Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada.

Financial Post

Leon Cooperman

Allianz

Canada

Rhyolite Ridge Lithium-Boron Project Closes Upsized $996 Million Loan From U.S. Department of Energy to Accelerate Domestic Critical Mineral Production

Las Vegas Review-Journal

Las Vegas

Clark County

Nevada

United States

Nearly $1B loan secured for Nevada lithium-boron mine

A lithium-boron project on Friday closed on an almost $1 billion loan from the Department of Energy.

The Billings Gazette

Lee Enterprises

Billings

Yellowstone County

Montana

Rhyolite Ridge will process lithium carbonate to support the domestic EV battery supply chain. The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today the closing of a $996 million loan guarantee (including $968 million of principal and $28 million of capitalized interest) to Ioneer Rhyolite Ridge LLC ... [continued] The post U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Prod…

Clean Technica

U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium Carbonate, Boost U.S. Battery Supply Chain - CleanTechnica

Green Stock News for the New Green Economy.

Green Stock News

Ioneer: Rhyolite Ridge Lithium-Boron Project Closes Upsized $996 Million Loan From U.S. Department of Energy to Accelerate Domestic Critical Mineral Production

By Ernest Scheyder Loan increased due to inflation and bigger lithium deposit Rhyolite Ridge to produce 22,000 metric tons of lithium annually Biden administration confident US lithium needs can be met by by 2030s Shares of ioneer gain more than 15% Jan 17 (Reuters) – The U.S. Department of Energy has finalized a $996 million ...

Energy News for the United States Oil & Gas Industry | EnergyNow.com

Biden Boosts Loan for ioneer's Nevada Lithium Mine to Nearly $1 Billion - Energy News, Top Headlines, Commentaries, Features & Events

The loan includes a 20-year term with interest rates far more favorable than those likely to be obtained in private financial markets. (Screengrab from DOE Loans Programs office)In an effort to strengthen the nation’s domestic battery supply chain and electrify the transportation sector, the federal government closed a $996 million loan guarantee for a controversial lithium mine on the habitat of an endangered Nevada wildflower. On Friday, the D…

Nevada Current

DOE finalizes nearly $1B loan for contentious NV Rhyolite Ridge lithium mine • Nevada Current

In a significant stride forward, EnerSys (NYSE: ENS), a global leader in stored energy solutions, has successfully completed negotiations for an award from the U.S. Department of Energy (DOE), aimed at bolstering the development of a Lithium-ion gigafactory. This development marks a milestone in EnerSys's strategic efforts to expand its capabilities in sustainable energy solutions, particularly at a time when global energy demands and sustainabi…

csimarket.com

#EnerSys Secures U.S. DOE Award to Propel Lithium-Ion Gigafactory Development Amidst Market Fluctuations

Rhyolite Ridge will process lithium carbonate to support the domestic EV battery supply chain. The U.S. Department of Energy's (DOE) Loan Programs Office (LPO) announced today the closing of a $996 million loan guarantee (including $968 million of principal and $28 million of capitalized interest) to Ioneer Rhyolite Ridge LLC ... [continued] The post U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Prod…

ecotopical.com

U.S. DOE Announces $996 Million Loan Guarantee to Ioneer Rhyolite Ridge to Advance Domestic Production of Lithium Carbonate, Boost U.S. Battery Supply Chain

Biden boosts loan for ioneer's Nevada lithium mine to nearly $1 billion

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