Ioneer Ltd (ASX:INR, OTC:GSCCF, NASDAQ:IONR) has achieved a significant milestone at the Rhyolite Ridge Lithium-Boron Project in Nevada. The company has secured the final environmental impact statement (EIS) from the Bureau of Land Management, advancing its efforts to start production.
Ioneer’s Rhyolite Ridge Achieves Key Environmental Clearance
The Rhyolite Ridge Lithium-Boron Project is the first of its kind under the Biden Administration, aiming to enhance U.S. lithium production. This achievement could potentially quadruple America’s lithium supply, reducing dependence on international sources and creating numerous local jobs.
Community and Environmental Focus
From the project’s inception in 2016, Ioneer has worked closely with community members to optimize economic benefits while reducing environmental impacts. The conclusion of the Environmental Species Act consultation marks this project’s readiness to move forward.
Preparing for Construction and Production
With the publication of the final EIS, Ioneer looks forward to the issuance of the Record of Decision. This will pave the way for construction plans, with production anticipated to start by 2028. The project is key to supporting a future driven by clean energy.
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