IONEER Limited of Australia is the parent company to both IONEER USA Corp. and IONEER Minerals Corp., collectively referred to as IONEER. The operator of the Rhyolite Ridge Project is IONEER USA Corp., a Nevada (U.S.) company. Title to the Rhyolite Ridge mining claims are held by IONEER Minerals Corp. and IONEER USA Corp., which together own 263 unpatented mining claims comprising the project area.
16 September, 2021 – ioneer Ltd (“ioneer” or the “Company”) (ASX: INR) is pleased to announce that the Company has reached an agreement to establish a joint venture (the “Joint Venture”) with Sibanye Stillwater Limited (“Sibanye-Stillwater”) to develop the flagship Rhyolite Ridge Lithium-Boron Project located in Nevada, USA (the “Project”). Under the terms of the agreement, Sibanye-Stillwater will contribute US$490 million for a 50% interest in the Joint Venture, with ioneer to maintain a 50% interest and retain operatorship.
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