By Elric Langton | 5 May 2022
I have a financial interest in ioneer limited
A few weeks ago I have dipped my toes into an Emerging Australian Lithium-boron producerย ioneer (ASX: INR)ย at $0.54c, which is about where it is now. I did so because ioneer is expected to be one of the first significant lithium suppliers in the USA. The big caveat here is the Company is not yet in production - this is expected around Q2 2023 when its first shipment to clients is anticipated. The Company spent December 2021 preparing its wholly-owned Rhyolite Ridge Project in the United States, its lead asset located in Nevada, closer to development. The Rhyolite Ridge is a large shallow, lithium-boron deposit located close to existing infrastructure, which itself reduces significant investment costs.