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Ioneer launches A$72-million capital raise

30th January 2026

By: Creamer Media Reporter

     

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Australia- and US-listed Ioneer has secured firm commitments to raise about $50-million, or A$72-million, through a single-tranche placement to advance the development of its Rhyolite Ridge lithium/boron project in Nevada, US.

The company will issue about 400-million new fully paid ordinary shares at A$0.18 a share, raising A$72-million. The placement was supported by new and existing institutional, professional and sophisticated investors.

Ioneer said the strong demand reflected confidence in the quality and strategic importance of the Rhyolite Ridge project, which is expected to play a key role in supporting the onshoring of critical minerals production in the US.

The funds will be used to progress the company’s development plans, including advancing construction preparations and engaging with potential strategic partners.

Edited by Creamer Media Reporter

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