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Maroc Maroc - THEPARADISE.NG - A La Une - 22/Mar 13:13

Nearly $1B loan secured for Nevada lithium-boron mine

A lithium-boron project on Friday closed on an almost $1 billion loan from the Department of Energy. Ioneer Limited is receiving a $996 million loan from the DOE through its Loan Programs Office under the Advanced Technology Vehicles Manufacturing program to support on-site processing of lithium-boron at its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, according to a news release from the company. “The need for domestically sourced and processed lithium and boron has never been greater,” said James Calaway, executive chairman of Ioneer Limited, in a statement. “The United States requires Rhyolite Ridge and more projects like it if Read Full Article At: Nearly $1B loan secured for Nevada lithium-boron mine

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