ioneer Ltd American Depositary Shares (IONR)

The Trump administration is strategically investing in critical minerals companies to strengthen domestic supply chains and reduce dependence on foreign sources, with potential focus on companies producing rare earths, lithium, and strategic minerals.

Lithium spot prices were generally flat the past month. Click here for the lithium junior miners news for April 2024.

Ioneer stock jumped following news of a $700 million loan approval from the U.S. Department of Energy to build its Nevada lithium mining project.