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US lends $700 million to Ioneer for Nevada lithium mine

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US lends 0 million to Ioneer for Nevada lithium mine

WASHINGTON, Jan 13 (Reuters) – The U.S. Department of Energy said on Friday it would lend ioneer Ltd (INR.AX) up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. develop a domestic supply chain of electric vehicles. Shares of Ioneer rose 16.3% … Read more

The Swedish LKAB discovers the largest deposit of rare earth metals in Europe

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The Swedish LKAB discovers the largest deposit of rare earth metals in Europe

LKAB identifies more than 1 million tons of resources The company will apply for a concession to develop the site Exploitation of the deposit still visible in 10 to 15 years Could eventually reduce EU dependence on imports KIRUNA, Sweden/STOCKHOLM, Jan 12 (Reuters) – Sweden’s state-owned mining company LKAB said on Thursday it had identified … Read more