INR 4.44% 23.5¢ ioneer ltd

80c by end of Oct 2021, page-77

  1. 475 Posts.
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    I removed the previous post because of an error. See amended post following:

    From the recent AGM slidepack at p.12:

    • Rhyolite Ridge is expected to produce 20.6ktpa of lithium carbonate converting in year four to 22.0ktpa of battery-grade lithium hydroxide
    –more than quadrupling current production

    The last comment relates to Albermamle's Silver Peak mine which is producing ~5Ktpa, hence the "quadrupling" comment. INR are comparing themselves to Albermarle.

    Not sure I am interpreting this correctly, can someone assist:
    1. what will be the the total amount of ore mined (spod) - can we assume it will be around 300KT p.a ?
    2. when will they reach the total (whatever that is) ?
    3. will INR be doing the spod -> LiHO conversion?
    Thanks
 
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