---
title: "Australia's Ioneer signs MoUs with S Korea's KIND, Hyundai Engineering for lithium-boron project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291989575.md"
description: "Australian lithium miner Ioneer signed non-binding MoUs with South Korea's KIND and Hyundai Engineering to advance its Rhyolite Ridge lithium-boron project. KIND is considering an equity investment, while Hyundai Engineering will evaluate procurement activities. Signed at the U.S. Department of Energy offices, these agreements bring Ioneer closer to a Final Investment Decision for the Nevada project, which aims to create up to 300 permanent jobs."
datetime: "2026-07-08T00:19:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291989575.md)
  - [en](https://longbridge.com/en/news/291989575.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291989575.md)
---

# Australia's Ioneer signs MoUs with S Korea's KIND, Hyundai Engineering for lithium-boron project

July 8 : Australian lithium miner Ioneer said on Wednesday that it has signed separate non-binding memorandums of understanding with South Korea's KIND and Hyundai Engineering to help advance its Rhyolite Ridge lithium-boron project. Here are some details: • Under the MOUs, Korea Overseas Infrastructure & Urban Development Corporation (KIND) is considering an equity investment in the project, and Hyundai Engineering is evaluating the provision of certain procurement-related activities for the project. • The MoUs were signed by the firms' executives at the U.S. Department of Energy offices in Washington. • "With the entry into MOUs with KIND and Hyundai Engineering, we are one step closer to a Final Investment Decision," Ioneer Executive Chairman James Calaway said. • Once operational, Rhyolite Ridge will process ore into final products entirely on-site and create and support 275 to 300 permanent positions in rural Nevada, Ioneer said. • Ioneer said there can be no certainty that the MOUs will lead to legally binding agreements.

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