Ioneer (ASX:INR) successfully resolves environmental litigation

Company News

by Rachael Jones

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Last Updated: 23/01/2020 11:57 AM

Emerging lithium-boron supplier, ioneer (ASX:INR) successfully resolved a lawsuit relating to the Rhyolite Ridge Lithium-Boron Project in Nevada in the US.

On 3 January 2020, the Centre for Biological Diversity elected to withdraw its complaint and voluntarily dismiss its case against the Bureau of Land Management– an agency within the US Department of Interior.

The CBD had previously initiated action against the BLM in relation to certain notices to conduct exploration at Rhyolite Ridge.

The legal matter between the CBD and BLM has been dismissed and ioneer confirms there is and will be no impact to the Company’s ongoing activities related to the Project.

Shares in ioneer (ASX:INR) are trading 8.8 per cent higher at 18 cents.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.