BMO Capital Markets mining analyst Raj Ray noted liquidity risks for Sibanye-Stillwater. It is set to invest $490 million in five equal tranches over 12 months. While the federal permit approval marks a positive step, Ray cautioned that Sibanye’s ability to meet its financial commitments remains uncertain.

The Bureau of Land Management has approved the federal permit for Ioneer to build a lithium mine at Rhyolite Ridge.

Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project in Nevada will be the first domestic source of the battery metal to be permitted by President Joe Biden’s administration and one that will become a key supplier to Ford Motor Co. and other electric vehicle manufacturers.

Federal land managers gave their final approval Thursday for a massive lithium-boron mine in Southern Nevada, becoming the first domestic lithium project to get full regulatory approval under the Biden Administration.

Ioneer Ltd has received the final federal permit for its Rhyolite Ridge Lithium-Boron Project from the Bureau of Land Manageme

The project in Nevada is key to Biden's clean energy agenda, but the mining plan appears destined for a legal battle with conservationists who say it will drive an endangered wildflower to extinction.

Ioneer Ltd’s (ASX:INR) final permit approval from the U.S. Federal Government for its Rhyolite Ridge Lithium-Boron project in Nevada has come through. Construction is now slated to kick off in 2025 for the project,

Stockhead TV's Sarah Hughan brings you today's Break it Down, detailing the development of Ioneer's Rhyolite Ridge. ... Read More The post Break it Down: Ioneer ready set go for construction at Rhyolite Ridge appeared first on Stockhead.

Ioneer received final federal approval for a lithium mining project in rural Nevada, part of the Biden administration’s effort to boost domestic production of a mineral critical for electric vehicle batteries.