The company believes this will accelerate the U.S.'s transition to electric vehicles and development of a domestic lithium-ion battery materials supply chain. ioneer's Managing Director, Bernard Rowe, believes that the Biden administration will be a catalyst for both the company and US vehicle electrification. "Moreover, ioneer anticipates the new administration will give strong support for domestic projects, such as Rhyolite Ridge, which will supply the critical minerals necessary to execute on the administration's emissions reduction and climate target programs," he said. "We continue to do everything in our power to advance our corporate and engineering activities for this important project, ensuring we are construction-ready once we receive our permits and helping the administration meet the climate goals it has set out," he added.