I learnt the following just now which I think is handy to know. Feeding the markets with either greater amounts of lithium or boron depending on the demand at the time. Brilliant and unique to have that capability to switch to different mining streams to maximise supply needs to market.
We are confident that these updates will reinforce the flexibility of Rhyolite Ridge’s unique mineralogy, which allows Ioneer to match prevailing market conditions and blend its ore to yield a valuable co-product (boric acid) whose market is uncorrelated to the primary product (lithium). For example, in times of low lithium pricing as exists today, the company can prioritize the lithium-boron rich ore (Stream 1, B5 unit) over the site’s low-boron ore (Streams 2 and 3) to optimize the relative proportion of total revenue derived from boron. No other lithium project has this flexibility and related economic advantage
INR Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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