ioneer Successfully Resolves A Lawsuit

  • Jan 08, 2020 AEDT
  • Team Kalkine

ioneer Ltd (ASX: INR), an emerging lithium-boron supplier, has effectively resolved a litigation with the Rhyolite Ridge Lithium, holder or Boron Project in Nevada, USA. The Centre for Biological Diversity (CBD) voted to revoke its complaint and voluntarily dismiss its case against the Bureau of Land Management (BLM).

  • The company was not named as a party to the lawsuit filed by the CBD against the BLM;
  • However, the Company elected to intervene in order to protect its interest in the Project.

At AEST 12:57PM, the stock was trading at $0.180 per share, up by 5.882% from its previous close.


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