Global Trade Alert
Global Trade Alert

United States of America: DOE provides USD 996 million loan guarantee to Ioneer Rhyolite Ridge LLC for lithium carbonate development

Announcement

17 Jan 2025

In January 2025, the U.S. Department of Energy’s Loan Programs Office announced a USD 996 million loan guarantee to Ioneer Rhyolite Ridge LLC to support the development of a domestic supply of lithium carbonate for electric vehicle batteries.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Jan 2025

Revocation date:

No revocation date

Updated: 17 Jan 2025
Loan guarantee In force

On 17 January 2025, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced the approval of a USD 996 million loan guarantee to Ioneer Rhyolite Ridge LLC. The funding aims to sup...

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