An update from ioneer Limited ( (AU:INR) ) is now available.
Ioneer Limited announced promising results from recent testwork at its Rhyolite Ridge Lithium-Boron Project, highlighting growth potential beyond the project’s initial phase. The company is finalizing a mine plan prioritizing high-boron lithium ore, which offers superior economic returns. The testwork on low-boron lithium mineralization has shown significant improvements in lithium grade and yield, suggesting future expansion possibilities. These developments could enhance Ioneer’s operational efficiency and market position, potentially attracting new investment partners.
More about ioneer Limited
Ioneer Limited operates in the mining industry, focusing on the extraction and production of lithium and boric acid. The company is primarily engaged in the development of the Rhyolite Ridge Lithium-Boron Project, which is notable for its substantial co-product of boric acid, positioning it uniquely in the global lithium market.
YTD Price Performance: -6.00%
Average Trading Volume: 55,608
Technical Sentiment Signal: Buy
Current Market Cap: $205.7M
See more data about INR stock on TipRanks’ Stock Analysis page.