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13 Jan
15:27

DOE gives Ioneer conditional OK for $700m loan for Rhyolite Ridge

The US Department of Energy is offering a conditional commitment for a loan of up to $700 million to help Australia-based Ioneer Ltd finance construction of its Rhyolite Ridge lithium-boron project in southwest Nevada, Kallanish reports. The parties have signed a term sheet and offer of a conditional commitment for the proposed loan. It would come from the DOE Loan Programs Office’s Advanced Technology Vehicles Manufacturing program for a period of 10 years …
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