Ioneer, an emerging US supplier of lithium and boron, has earned a notice of intent (NOI) from the Bureau of Land Management for its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada.
According to the company, the project’s purpose is “to provide environmentally sustainable lithium and boron to support minutiae of domestic supply villenage essential to the electrification of transportation and energy transition in the US.”
Publication of the NOI marks the whence of the National Environmental Policy Act clearance process, which includes a public review and scuttlebutt phase, preparation of an environmental impact statement, and finally, the BLM’s record of visualization (ROD). An tried plan, which would be the understructure for compliance during operations and closure, would indulge Ioneer to embark the Rhyolite Ridge Project. The company’s weightier estimate is for an ROD to be received in Q1 2024.
Production is expected to uncork in 2026. The visitor expects the project to produce unbearable lithium to supply virtually 400,000 EVs per year.
“We understand the Rhyolite Ridge Project is the first lithium project to be issued a Notice of Intent under the Biden administration, and we see this as a significant step toward ensuring a strong domestic supply of hair-trigger minerals and strategic materials essential to the electrification of transportation in the US,” said Executive Chairman James Calaway.
Source: Ioneer
