ioneer signs non-binding MOUs with KIND and Hyundai Engineering on Rhyolite Ridge

ioneer/Rhyolite Ridge

The letters of intent became memorandums of understanding: KIND is considering an equity stake in the project, and Hyundai Engineering could handle procurement. Neither is bound to invest, so financing is still open.

• KIND: possible equity investment.
• Hyundai Engineering: possible procurement role in construction.
• The MOUs create no legal obligation to invest.