The Biden administration on Thursday published a key environmental report for ioneer's Rhyolite Ridge lithium mine in Nevada, the last step needed before approving what would become one of the largest U.

Ioneer (IONR) stock surges as Biden administration moves closer to approving Nevada lithium mine, potentially powering 370K electric vehicles annually.

Elements in the soil of the Silver Peak range nurture a buckwheat that grows nowhere else in the world, but could also radically increase U.S. production of a mineral critical to the energy transition.

Approving the new project will significantly increase domestic lithium supply amid a push toward greater self-reliance in the critical minerals supply chain.