Courtesy
Ioneer has announced a binding, development agreement with Esmeralda County to develop and deliver an investment plan for residents alongside the advancement of the Rhyolite Ridge Lithium-Boron project.
The agreement provides funding for expanded public services and infrastructure upgrades and establishes a framework for continued collaboration.
Under the terms of the agreement, Ioneer will provide benefits to residents, including:
• Road access, improvements and maintenance
• Traffic management
• Public safety resources
• Emergency responder training/coordination
• Grant writing support
• Local hiring and recruitment programs
• Commitment to working with local businesses
• Commitment to develop a mutual assistance agreement between county and Ioneer
• Water usage and monitoring
• Invasive species prevention
The agreement is divided into three phrases and will contribute to the county’s continued economic development. It includes a schedule for periodic review between parties and automatic two-year extensions upon County Commission review and approval.
The county adopted an ordinance which approved the agreement on April 2, and it will become effective once the county completes routine statutory procedures.
For information, go to ioneer.com/investors.