Australia's Ioneer hits over one-year high after US approves Nevada lithium mine
25/10/2024 01:15
(Updates)
** Shares of Ioneer Ltd INR.AX rise as much as 8.9% to
A$0.305; their highest level since Aug 2, 2023
** Shares flat at A$0.28 as of 0011 GMT
** The lithium-boron producer's Rhyolite Ridge lithium mine in
Nevada receives final approval from U.S. Interior Department
** Permit comes amid a flurry of recent moves by President
Joe Biden's officials to support critical minerals production
and offset China's market dominance
** Stock up 86.7% YTD at 0011 GMT
(Reporting by Echha Jain in Bengaluru)
((mailto:Echha.jain@thomsonreuters.com))
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