Ioneer Updates on 2025 Reserve and Economics, Rhyolite Ridge Project Advancement, and Partnership with Dragonfly Energy.

ioneer announces 2025 reserve and economics update, with a focus on strengthening the US lithium battery and storage supply chain through its partnership with Dragonfly Energy. The company also reports promising results in growing Tiehm's buckwheat and a 168% increase in estimated lithium at Rhyolite Ridge. Additionally, ioneer welcomes the decision to list Tiehm's buckwheat as an endangered species and completes a definitive agreement with Caterpillar regarding autonomous haul trucks at Rhyolite Ridge.

Ioneer, a leading mineral exploration and production company, has announced its 2025 Reserve and Economics Update, highlighting significant strides in the U.S. lithium battery and storage supply chain through its strategic partnership with Dragonfly Energy. The update underscores Ioneer's commitment to sustainable energy solutions and its role in the burgeoning electric vehicle (EV) market.

The partnership with Dragonfly Energy is a key component of Ioneer's efforts to strengthen the domestic lithium battery supply chain. This collaboration aims to enhance the production and distribution of high-quality lithium batteries, crucial for the growing EV sector. Dragonfly Energy's Battle Born Batteries®, known for their reliability and performance, will play a pivotal role in this initiative [1].

In addition to the lithium battery partnership, Ioneer has reported promising results in growing Tiehm's buckwheat. The company's efforts to cultivate this plant, which is known for its ability to thrive in harsh environments, have shown significant progress. This development is particularly notable as it contributes to Ioneer's broader goal of sustainable resource management [2].

The 2025 Reserve and Economics Update also includes a substantial increase in the estimated lithium reserves at Ioneer's Rhyolite Ridge Project. The company reported a 168% increase in estimated lithium, indicating a robust and growing resource base for future lithium production [3]. This increase underscores the potential of Ioneer's mining operations to meet the escalating demand for lithium in the EV market.

Furthermore, Ioneer has welcomed the decision to list Tiehm's buckwheat as an endangered species. This recognition highlights the company's dedication to environmental stewardship and its commitment to sustainable practices. By embracing the listing, Ioneer demonstrates its willingness to work with regulatory bodies to protect endangered species and promote biodiversity [4].

In a significant development, Ioneer has completed a definitive agreement with Caterpillar regarding autonomous haul trucks at the Rhyolite Ridge Project. This partnership aims to leverage Caterpillar's expertise in autonomous vehicle technology to enhance the efficiency and safety of mining operations. The use of autonomous haul trucks can significantly reduce operational costs and improve overall productivity [5].

The 2025 Reserve and Economics Update underscores Ioneer's strategic positioning in the lithium battery and storage supply chain, as well as its commitment to sustainable mining practices. By strengthening its partnership with Dragonfly Energy and advancing its projects, Ioneer is well-positioned to capitalize on the growing demand for lithium in the EV market.

References:
[1] https://www.globenewswire.com/news-release/2025/08/19/3135599/0/en/Dragonfly-Energy-and-Airstream-Announce-Expanded-Partnership.html
[2] https://www.ioneer.com/?page_id=817
[3] https://www.ioneer.com/?page_id=817
[4] https://www.ioneer.com/?page_id=817
[5] https://www.ioneer.com/?page_id=817