ioneer Confirms Lithium Carbonate, Boric Acid Production Increase in Testwork at Nevada Lithium-Boron Project, Shares Fall 6%

MT Newswires Live

2025/05/29

ioneer (ASX:INR) said it confirmed a 7% to 14% increase in lithium carbonate and boric acid produced for each tonne of acid consumed in sulfuric acid and reagent efficiency testwork for its Rhyolite Ridge lithium-boron project in Nevada, according to a Thursday Australian bourse filing.

It decreased leach time by around 30%, with the overall vat cycle to be reduced from seven days to around six days, allowing for an increase in mine production throughput of 8% to 16%, compared to the current stage 1 design.

More than half of the project's expected operating costs derive from reagents and transportation.

Its shares fell 6% in recent trading on Thursday.

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