Biden boosts loan for ioneer's Nevada lithium mine

Biden boosts loan for ioneer's Nevada lithium mine to nearly $1 billion
The U.S. Department of Energy has finalized a $996 million loan for ioneer's Rhyolite Ridge lithium project, according to documents reviewed by Reuters, an increase of $296 million from a preliminary funding offer and a move aimed at boosting President Joe Biden's green energy legacy.
Ioneer Closes $966M DOE Loan for Lithium-Boron Project
Ioneer closed a $996 million loan from the Energy Department for its facility at its Rhyolite Ridge lithium-boron project in Esmeralda County, Nev. The Reno, Nev.-based lithium-boron producer said it expects the financing to develop on-site processing at the facility.
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,
DOE grants $996 million loan to Nevada lithium project
RENO, Nev. - Ioneer Ltd (ASX: INR, Nasdaq: IONR), a lithium-boron producer with a market capitalization of $248.57 million, has secured a $996 million loan from the U.S. Department of Energy's Loan Programs Office (LPO) to enhance the Rhyolite Ridge Lithium-Boron Project in Esmeralda County,
DOE finalizes $1B loan for Nevada lithium project
The Department of Energy extended a loan guarantee for the construction of a processing facility for lithium, a key ingredient in electrical vehicle

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