Ioneer, an emerging lithium-boron supplier, is pleased to announce the commencement of trading on the NASDAQ under an American Depositary Receipt listing.
The ADR program will complement Ioneer’s existing primary listing on the ASX Australian Securities Exchange. The ADRs began trading on Nasdaq on June 30 under the symbol IONR.
In September 2021, Ioneer established a joint venture with international mining company, Sibanye-Stillwater to develop Rhyolite Ridge.
Ioneer has also entered into a lithium offtake agreement with EcoPro Innovation related to over 30 percent of its lithium production and Memorandums of Understanding (MOU) with multiple U.S.-based companies to support development of the U.S. electric vehicle supply chain.
These include an MOU with Dragonfly Energy as announced in December 2020 and an MOU with NexTech Batteries as announced in March 2022.
Ioneer has also entered into a depository agreement with the Bank of New York Mellon under which BNY Mellon would act as depository, custodian, and registrar for the ADRs.
For more information, visit www.ioneer.com
