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January 16, 2023 at 14:10 PM EST
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Ioneer Ltd (ASX:INR, OTC:GSCCF) managing director Bernard Rowe discusses with Proactive a term sheet with the US Department of Energy (DOE) for up to US$700 million to help finance construction of the company's Rhyolite Ridge Lithium-Boron Project. The DOE will provide the funding through its Advanced Technology Vehicles Manufacturing program, with fixed interest rates baked into each advance over the 10-year loan term.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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