ioneer Ltd·Basic Materials

SYDNEY--(BUSINESS WIRE)--Ioneer Ltd (“Ioneer”) (ASX: INR, NASDAQ: IONR) is pleased to announce that The U.S. District Court for the District of Nevada today issued its decision in Center for Biological Diversity v. Stone-Manning, upholding the approval of the Rhyolite Ridge mine plan. The Rhyolite Ridge Lithium-Boron Project (Project) will mine and process two critical minerals in Nevada. The Project will provide a significant new source of two materials necessary for permanent magnets, batteri.

Shares of ioneer Ltd (NASDAQ: IONR - Get Free Report) fell 1.2% on Friday. The company traded as low as $3.85 and last traded at $3.99. 20,544 shares were traded during mid-day trading, a decline of 65% from the average session volume of 58,632 shares. The stock had previously closed at $4.04. Analyst Ratings Changes
ioneer Ltd explores for and develops mineral properties in North America. It owns 100% interest in the Rhyolite Ridge lithium-boron project located in Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018. ioneer Ltd was incorporated in 2001 and is based in North Sydney, Australia.
Basic Materials
Industrial Materials
29
2022-06-30
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