Ioneer Targets Year-End Partnering Decision As Rhyolite Ridge Work Advances
Closing price · 2026-10-27: $0.095 · -2.06%
Ioneer says its strategic partnering process for the Rhyolite Ridge lithium-boron project is expected to conclude in the fourth quarter, later than initially anticipated because of counterparty approval timelines; non-binding Korean agreements are still under consideration. The company began access-road engineering and a resource and geotechnical drilling program, and completed a pre-feasibility study for a proposed boron carbide plant with the U.S. Army. Cash fell from approximately US$59 million to approximately US$55 million during the quarter, while the company says it remains funded through the partnering process, a final investment decision and early construction works.