Ioneer releases investor deck outlining Rhyolite Ridge lithium-boron project economics

Infinity Natural Resources, Inc. Class A

Infinity Natural Resources, Inc. Class A

INR

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  • Ioneer outlined its fully permitted Rhyolite Ridge lithium-boron project in Nevada, citing completion of the NEPA process and a Record of Decision from the U.S. Bureau of Land Management in October 2024.
  • Project financing includes a US$996 million loan from the U.S. Department of Energy Office of Energy Dominance Financing that closed in January 2025.
  • Key operating metrics highlighted a 77-year mine life, an ore reserve of 266 million metric tons, average annual production of 27,800 metric tons of lithium hydroxide monohydrate in years 1-25.
  • Cost guidance for years 1-25 showed C1 cash cost of US$2,933 per metric ton of LCE, all-in sustaining cost of US$4,628 per metric ton of LCE, supported by boric acid co-product credits.
  • Economic estimates included initial capex of US$1.68 billion, post-tax unlevered NPV at an 8% discount rate of US$2.24 billion, post-tax unlevered IRR of 18%.


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