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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

View source version on newsdirect.com: https://newsdirect.com/news/headline-342465458

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