Ioneer signs MOU with Shell for sulfur supply

Securing the supply of key reagents for ore processing is an important step along the critical pathway to developing the Rhyolite Ridge project. Under the MOU, Ioneer will purchase up to 500 000 t of high-quality sulfur annually from Shell, which would fulfil the estimated annual sulfur requirement for the project.

The signing of the MOU builds upon the letter of intent (LOI) signed in December 2019 and, with a binding commitment to negotiate exclusively with one another, it is the intention of both parties to advance the MOU into a definitive agreement at the appropriate time. Ioneer and Shell also intend to collaborate through strategic initiatives focused on accelerating the energy transition.

Ioneer’s Managing Director, Bernard Rowe, said:

“With this MOU, Ioneer takes another key step to secure sulfur for the Rhyolite Ridge Lithium Boron project. Sulfur is a primary input for our process as it will be converted into the sulfuric acid required for leaching the ore as well as releasing heat which is recovered to produce carbon free power and steam for the facility. Shell is an ideal partner for this effort, and we look forward to furthering our partnership together on additional decarbonisation solutions while providing materials for a sustainable future.”

Peter Zissos, GM Global Sulfur & Thiogro from Shell, highlighted:

“We are excited to expand our partnership with Ioneer to include the sale of sulfur while collaborating on various decarbonisation solutions. Sulfur’s second largest use is for mining, including for the extraction of EV metals like lithium. With safe and reliable delivery of sulfur to customers like Ioneer, Shell Sulfur Solutions is delivering inputs critical for renewable energy production and management.”

Read the article online at: https://www.globalminingreview.com/mining/09122022/ioneer-signs-mou-with-shell-for-sulfur-supply/