Earnings release
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ioneer Highlights ● • • • • Quarterly Activities Report for the period ending 31 December 2020 December quarter marked by advances in permitting , engineering and financing discussions Main federal permit application , the Plan of Operations and the State Air Quality and Water Pollution control permit applications progressing to plan Engineering work continuing with design increasing and engineering packages being prepared , issued for bid , negotiated and awarded Continuing development of protection and conservation plans for Tiehm's buckwheat Strategic Partnering , funding and offtake discussions maturing Upward revision in electric vehicle take - up and lithium demand has led to improved sentiment toward the lithium sector • Retirement of Patrick Elliott as Non - Executive Director after 17 years of service to ioneer - Thursday , 28 January 2021 Emerging American lithium - boron supplier , ioneer Ltd ( ioneer or the Company ) ( ASX : INR ) , is pleased to report on its activities for the quarter ending 31 December 2020 and to provide an update on the development of its 100 % -owned Rhyolite Ridge Lithium - Boron Project ( Rhyolite Ridge or the Project ) in Nevada , USA . ioneer Managing Director , Bernard Rowe said : " During the December quarter , ioneer made strong progress from both a corporate and project development perspective , including : • • several key engineering packages were prepared , issued , are in negotiation or were signed ; State and Federal permitting progressed along their regulatory processes ; Discussions with strategic partners and funders advanced ; and Lithium offtake discussions are at the final stages of negotiation . - " ioneer dedicated significant effort in the quarter to initiatives designed to advance electrification in the United States I which Rhyolite Ridge is well positioned to support as the most advanced lithium development project in the US . " We were pleased to see a clear shift in market sentiment back to the lithium sector and intend to build on this momentum , with our attention in the coming months remaining focused on furthering discussions with potential strategic partners . We continue to assess various financing structures , while advancing our sales and marketing plan particularly related to lithium hydroxide and lithium carbonate , finalising and awarding a number of vendor packages , and working closely with relevant government agencies to secure permitting . " ioneer Ltd. ( ASX : INR ) Suite 5.03 , 140 Arthur Street , North Sydney , NSW 2060 T : +61 2 9922 5800 W : ioneer.com ABN : 76 098 564 606