|Bid||0.1600 x 0|
|Ask||0.1650 x 0|
|Day's Range||0.1600 - 0.1700|
|52 Week Range||0.1200 - 0.3600|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||∞|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.49|
The Senate's Energy and Natural Resources Committee held a hearing on the American Mineral Security Act, which would help streamline regulation and permitting requirements for the development of mines for lithium, graphite and other EV minerals. The pending legislation would require a tally of metal reserves in the United States and seek to streamline permitting for the EV sector, an area where China already leads by a wide margin. The bipartisan legislation, which seeks in part to codify a late 2017 executive order on U.S. mineral development by President Donald Trump, was sponsored by U.S. senators Lisa Murkowski, Joe Manchin and others.
A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China's dominance in the space. While Tesla Inc, Volkswagen AG and other electric-focused automakers and battery manufacturers are expanding in the United States, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. U.S. Senator Lisa Murkowski, the Alaska Republican who is chair of the Senate's Energy and Natural Resources Committee, told Reuters she will introduce the Minerals Security Act alongside Senator Joe Manchin, a West Virginia Democrat.
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While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. China already dominates the electric vehicle supply chain. It produces nearly two-thirds of the world's lithium-ion batteries - compared to 5 percent for the United States - and controls most of the world's lithium processing facilities, according to data from Benchmark Minerals Intelligence, which tracks prices for lithium and other commodities and is organizing the Washington, D.C., event.
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A drilling program comprising approximately 46 holes is being undertaken to upgrade the current lithium-boron (Searlesite) Mineral Resource at Rhyolite Ridge to the Measured category and extend high-grade, shallow mineralisation to the south of the proposed starter pit.
Emerging lithium-boron supplier, ioneer Ltd (ioneer or the Company) (ASX: INR) today announced the appointment of Fluor Corporation (Fluor) as the engineering and design firm to complete the Definitive Feasibility Study (DFS) for the Rhyolite Ridge Lithium-Boron Project (Project) in Nevada, USA. Fluor will also provide engineering, procurement and construction management services as the project advances. The Fluor appointment follows the completion last month of the Rhyolite Ridge Pre-Feasibility Study (PFS). The PFS demonstrated the Project’s scale, long life and potential to become the lowest cost lithium producer in the world as well as the largest lithium producer in the United States.
SYDNEY, Australia, Nov. 15, 2018 -- Australian-based lithium-boron developer ioneer Ltd (Company) (ASX: INR) is pleased to announce the appointment of Mr. Ian Bucknell as Chief.
SYDNEY, Australia, Nov. 15, 2018 -- Australian-based lithium-boron developer Global Geoscience Limited (“Company”) (ASX: GSC) is pleased to announce that, following approval of.