Ioneer eyes best day in 9 weeks as co increases its lithium off-take volume

ECOPRO

16/02/2022 03:50

** Shares of the Australian lithium-boron supplier  INR.AX 
rise as much as 9.7% to A$0.625, set for their sharpest
single-day pct jump since Dec 13 
    ** ioneer says cathode supplier EcoPro Group has agreed to
increase its off-take volume with INR to 7,000 tonnes per annum,
the maximum amount under deal signed in June 2021  urn:newsml:reuters.com:*:nASX649VDR
    ** Adds that total contracted volume represents 34% of
ioneer's annual lithium carbonate output for first three years
of production
    ** Says EcoPro Innovation expects to convert co's lithium
carbonate into high purity lithium hydroxide at its cathode
plant in Korea 
    ** Stock down 28.8% this year, as of last close


 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))