BMO Capital Markets mining analyst Raj Ray noted liquidity risks for Sibanye-Stillwater. It is set to invest $490 million in five equal tranches over 12 months. While the federal permit approval marks a positive step, Ray cautioned that Sibanye’s ability to meet its financial commitments remains uncertain.

The Bureau of Land Management has approved the federal permit for Ioneer to build a lithium mine at Rhyolite Ridge.

Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project in Nevada will be the first domestic source of the battery metal to be permitted by President Joe Biden’s administration and one that will become a key supplier to Ford Motor Co. and other electric vehicle manufacturers.

Federal land managers gave their final approval Thursday for a massive lithium-boron mine in Southern Nevada, becoming the first domestic lithium project to get full regulatory approval under the Biden Administration.

Ioneer Ltd has received the final federal permit for its Rhyolite Ridge Lithium-Boron Project from the Bureau of Land Manageme

Federal officials on Thursday granted final approval to a southwestern Nevada lithium mining project, which they say could supply enough of the resource to power nearly 370,000 electric vehicles

The mining project can quadruple the United States' lithium supply — but conservationists say it may also drive the endangered Tiehm's buckwheat to extinction.

Ioneer received final federal approval for a lithium mining project in rural Nevada, part of the Biden administration’s effort to boost domestic production of a mineral critical for electric vehicle batteries.