Ioneer announces U.S. District Court upholds federal permit for Rhyolite Ridge

Ioneer (IONR) announces 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, batteries, semiconductors, behind-the-meter energy and military applications – strengthening the U.S. supply chain, reducing reliance on foreign sources, and bolstering national security. The Court found that the Bureau of Land Management and U.S. Fish and Wildlife Service complied with the Endangered Species Act, Federal Land Policy and Management Act, and National Environmental Policy Act in their review and approval of the project.