Just a little bit more patience is going to be needed, even though some of you have been holding INR for years.
I personally think they're exploring options and they will be kicking off construction by the end of the year. The reason I think that, is the huge push right now from the US government, encouraging business to produce domestically and creating jobs which Ioneer ticks all the boxes.
Also reducing the reliance on chinese imports on products like lithium carbonate/hydroxide, the price of lithium may keep Ioneer from huge profits but none the less they will be an important part of the US domestic supply chain and operating a profit due to their 30-40% Boron acid sales and the ability to mine certain areas during different price cycles between lithium/boron.
Tesla announced they're going to double their output of their production line yesterday over the next 2 years. I posted some links to back up my thougth process.
https://www.foxbusiness.com/politics/musk-announces-tesla-double-vehicle-output-us-within-next-2-years-act-faith-america
https://www.voanews.com/a/voa-mandarin-us-house-passes-bill-to-restrict-use-of-chinese-made-batteries-/8007296.html
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $235.5M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $108.5K | 1.078M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 4336694 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1761992 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 4336694 | 0.100 |
7 | 402046 | 0.099 |
8 | 538714 | 0.098 |
4 | 132040 | 0.097 |
15 | 533889 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1761992 | 17 |
0.110 | 2551566 | 15 |
0.115 | 431294 | 9 |
0.120 | 238305 | 7 |
0.125 | 378242 | 8 |
Last trade - 11.29am 18/06/2025 (20 minute delay) ? |
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