Key Highlights

• INR surged 4.00% to $0.13 as investors anticipate H1 2026 completion of strategic partner search for Rhyolite Ridge lithium-boron project
• Rhyolite Ridge holds one of North America’s largest lithium resources with expanded reserve estimate supporting 77-year mine life
• Project backed by $996 million US government loan and all major permits in place with 70% engineering design completion
• Definitive feasibility study shows 24,500 tonnes lithium carbonate equivalent annual production positioning project in lowest cost quartile globally
• Strategic partnership announcement expected H1 2026 could trigger major funding commitment and accelerate late-2026 development decision

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