Ioneer Limited Announces Proposed Issuance of Performance Rights
Ioneer Limited (AU:INR) has announced a proposed issuance of 1,015,648 performance rights to enhance its capital structure and support ongoing lithium-boron projects. This move aims to strengthen the company's financial position and align with the growing demand for electric vehicle materials. The latest analyst rating for AU:INR is a Buy with a price target of A$0.35. Ioneer focuses on lithium-boron exploration, particularly the Rhyolite Ridge project in Nevada, USA, with a current market cap of A$480.3M.
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