Ioneer Ltd - Material Improvement In Project Economics Transcript

Core Viewpoint - ioneer has announced a significant upgrade to the economics of the Rhyolite Ridge Project, highlighting its strategic importance in the lithium and boron market in the United States [2][3]. Economic Upgrade - The Net Present Value (NPV) of the Rhyolite Ridge Project has increased by 38%, reaching just under $1.9 billion, which translates to approximately AUD 1 per share for ioneer [3]. - The project is expected to produce more lithium and boron without any changes in upfront capital expenditures [3]. Resource Details - The ore reserve for the Rhyolite Ridge Project is 260 million tonnes, consisting of three ore streams that are blended together [4].