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An update from ioneer Limited ( (AU:INR) ) is now available.
Ioneer Limited has announced a significant improvement in the economics of its Rhyolite Ridge Lithium-Boron Project, attributed to increased production efficiency and output without additional capital expenditure. By optimizing leach retention time and enhancing processing rates, the project has achieved a 38% increase in unlevered life of mine NPV and a 16% rise in IRR, positioning it as a low-cost leader in lithium production globally. These advancements will enable Ioneer to meet rising demand while maintaining stable operating costs, further solidifying its market position.
The most recent analyst rating on (AU:INR) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on ioneer Limited stock, see the AU:INR Stock Forecast page.
More about ioneer Limited
Ioneer Limited is a company operating in the mining industry, focusing on the extraction and production of lithium and boron. Its primary project, the Rhyolite Ridge Lithium-Boron Project in Nevada, USA, is uniquely positioned to supply high-purity lithium and boron chemicals to meet the growing strategic demand in the United States.
Average Trading Volume: 9,772,306
Technical Sentiment Signal: Sell
Current Market Cap: A$306.1M
See more data about INR stock on TipRanks’ Stock Analysis page.