Ioneer Ltd shares surge 9.82% intraday as company accelerates Rhyolite Ridge project and secures lithium offtake agreements with Toyota and Panasonic.

Thursday, Jul 10, 2025 10:22 am ET1min read
Ioneer Ltd surged 9.82% intraday, as the company accelerates development activities for its Rhyolite Ridge lithium-boron project and secures a binding lithium offtake agreement with Toyota and Panasonic's battery subsidiary. Additionally, Ioneer received a $996 million loan from the U.S. Department of Energy to support the project.

Ioneer Ltd shares surge 9.82% intraday as company accelerates Rhyolite Ridge project and secures lithium offtake agreements with Toyota and Panasonic.

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