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The latest announcement is out from ioneer Limited ( (AU:INR) ).
Ioneer Ltd has announced significant improvements in the economics of its Rhyolite Ridge Project due to advancements in leach optimization and a new mine plan. This development is expected to enhance the project’s financial viability and strengthen Ioneer’s position in the lithium-boron market. The company will host an investor conference call to discuss these improvements, reflecting its commitment to transparency and stakeholder engagement.
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 Ltd is an emerging lithium-boron producer and the sole owner of the Rhyolite Ridge Lithium-Boron Project. This project is notable for being the only known lithium-boron deposit in North America and a key component of Nevada’s Lithium Loop. The company has secured significant financial backing, including a US$996 million loan from the U.S. Department of Energy and has established strategic offtake agreements with major companies such as Ford and a joint venture between Toyota and Panasonic.
Average Trading Volume: 9,668,053
Technical Sentiment Signal: Sell
Current Market Cap: A$293.5M
For a thorough assessment of INR stock, go to TipRanks’ Stock Analysis page.