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.

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