ioneer and Caterpillar complete autonomous haul truck feasibility study and sign memorandum of understanding

Highlights:

~ ioneer and Caterpillar complete joint automation study detailing the apparent benefits for early adoption of a Cat® Command for hauling, Autonomous Haulage System (AHS) at Rhyolite Ridge for improved operator safety, equipment utilization and site productivity.

~ With the study complete and Rhyolite Ridge appears to be a very favourable candidate for AHS, ioneer and Caterpillar have signed a memorandum of understanding (MOU) to move the initiative forward.

~Fully integrated mining automation systems offer unprecedented improvements in operator safety, equipment utilization, and site productivity.

~ The Rhyolite Ridge Lithium-Boron Project will be the first greenfield operation in North America to utilize AHS.

~ In October 2020, ioneer announced that it had selected Caterpillar as the exclusive heavy equipment partner for its Rhyolite Ridge Lithium-Boron Project in Nevada.