logo-loader
ioneer Ltd

ioneer director buys $239,456 worth of shares on-market

ioneer is well-placed to benefit from the US Government’s focus on developing the lithium industry through its Rhyolite Ridge project in Nevada.

dollars
Positive pre-feasibility study has demonstrated robust project economics

ioneer Ltd (ASX:INR) director John Daniel Hofmeister has purchased about 1.15 million shares in the company valued at $239,456.

The purchase was completed via on-market trades and increases Hofmeister’s direct holding in the company to about 1.46 million shares.

 

Ioneer’s sole focus is Rhyolite Ridge in Nevada, which is the world's number one mining investment destination, according to the Fraser Institute's latest survey.

The company’s studies have indicated that it will be the world’s lowest cost lithium producer with the long-life Rhyolite Ridge project, and this is enhanced by boron.

Rhyolite Ridge has already shown its colours with a positive pre-feasibility study demonstrating robust project economics.

Quick facts: ioneer Ltd

Price: $0.17

Market: ASX
Market Cap: $250.75 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of ioneer Ltd named herein, including the promotion by the Company of ioneer Ltd in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

ioneer well positioned for US–Australia battery mineral alliance

ioneer Ltd (ASX:INR) managing director Bernard Rowe tells Proactive Investors about important battery metals talks in Washington to further secure the domestic supply chain between Australia and the United States.    The move comes amid growing concerns about supply security...

on 24/5/19

2 min read