Australia's Ioneer jumps on deal to develop county in Nevada

Ioneer

14/04/2025 01:39

** Ioneer INR.AX jumps 8% to A$0.135, highest since April 4

** Lithium-boron producer enters agreement with Esmeralda County, Nevada, to provide public services and infrastructure upgrades

** Says deal expected to provide A$5 mln ($3.2 mln)-A$7 mln in County benefits

** Stock down 21.9% this year, as of last close

($1 = A$1.5883)

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))