NEW
YORK, Aug. 3, 2022 /PRNewswire/ -- ioneer Ltd
("ioneer" or "the Company") (ASX: INR, NASDAQ: IONR), an
emerging lithium–boron supplier, announced it will ring the
Closing Bell at Nasdaq MarketSite in Times Square, New York today at 4:00
p.m. ET to celebrate its recent listing on the
exchange.
The Company began trading on Nasdaq through an American
Depositary Receipt (ADR) program on June 30,
2022, under the symbol IONR. To commemorate the occasion,
ioneer Executive Chairman James
Calaway and CEO Bernard Rowe
will ring the Closing Bell this afternoon alongside members of the
company's board of directors and senior management team.
The bell ringing comes just days after ioneer announced it has
entered into its second and third binding lithium offtake
agreements, finalizing the total planned lithium carbonate output
and representing a significant milestone for the company and
the United States' domestic
electric vehicle supply chain. An agreement with Ford Motor
Company was announced on July 22,
2022, and an agreement with Prime Planet Energy &
Solutions, Inc., a joint venture between Toyota Motor Corp. and
Panasonic Corp., was announced on July 31,
2022.
ioneer Executive Chairman James
Calaway said:
"We are honored to celebrate our Nasdaq listing
by ringing today's Closing Bell. I would like to thank our
shareholders as well as the ioneer team and board of directors for
their dedication and support throughout this process."
As a critical mineral in powering electric vehicles, global
demand for lithium is rapidly increasing as countries like the U.S.
shift resources to drive a successful transition to a clean energy
future. ioneer's Rhyolite Ridge project, expected to come onstream
in 2025, will become a major domestic supplier of refined lithium
products, with enough supply of lithium materials for approximately
400,000 electric vehicles each year.
The Closing Bell ceremony will begin at 3:45 p.m. ET. Interested parties may tune into
the live stream on the Nasdaq website here.
Contacts
Matt Dempsey
|
Alex
Cowie
|
FTI Consulting
|
NRW
Communications
|
Investor & Media
Relations (USA)
|
Investor & Media
Relations (Aus)
|
T: +1 202 412
4241
|
T: +61 412 952
610
|
E:
matt.dempsey@fticonsulting.com
|
E:
alexc@nwrcommunications.com.au
|
About ioneer
ioneer Ltd is the 100% owner of the Rhyolite Ridge Lithium-Boron
Project located in Nevada, USA,
the only known lithium-boron deposit in North America and one of only two known such
deposits in the world. The Definitive Feasibility Study (DFS)
completed in 2020 confirmed Rhyolite Ridge as a world-class lithium
and boron project that is expected to become a globally
significant, long-life, low-cost source of lithium and boron vital
to a sustainable future. In September
2021, ioneer entered a 50/50 joint venture agreement with
Sibanye Stillwater Ltd to advance the Rhyolite Ridge project and
signed a separate offtake agreement with Korea's EcoPro
Innovation in 2021. ioneer will be the operator of the
Project, which is expected to come onstream in 2025.
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SOURCE ioneer