Project Traits
State: Nevada
Congressional District: NV04
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Critical Minerals,
Energy Subsector: Lithium,
Project Start Year: Unknown
Project Launch Year: Unknown
Government Support Received: Federal Tax Credit [Manufacturing Production Tax Credit (45X)] for Unknown Amount
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: Unknown
People Served: Unknown
Projected Economic Impact: Unknown
Ioneer’s Rhyolite Ridge project will be one of America’s first advanced, low-cost lithium mining projects. Sourcing domestic lithium is crucial to American energy security and dominance as demand for critical minerals has increased in recent years.
Ioneer will provide 400-500 construction jobs and 250-300 jobs once fully operational. The project will generate $15-25 million in public revenues throughout its construction phase and as much as $31 million in annual revenues once fully operational.
Rhyolite Ridge contains enough lithium to power 50 million electric vehicles and will bolster America’s critical mineral supply chains.