{"id":36511,"date":"2026-07-15T14:00:00","date_gmt":"2026-07-15T12:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=713191e66522a68eb3f18a20165e5b2a"},"modified":"2026-07-15T14:00:00","modified_gmt":"2026-07-15T12:00:00","slug":"ionic-mineral-technologies-announces-results-of-independent-pea-for-silicon-ridge-project-demonstrating-us12-1-billion-after-tax-npv-8-and-69-after-tax-irr","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=36511","title":{"rendered":"Ionic Mineral Technologies Announces Results of Independent PEA for Silicon Ridge Project, Demonstrating US$12.1 Billion After-Tax NPV (8%) and 69% After-Tax IRR"},"content":{"rendered":"<p>\n<i>SGS-prepared PEA outlines a long-life, capital-efficient, polymetallic U.S. critical-minerals and advanced-materials project based on the Project\u2019s maiden Mineral Resource Estimate<\/i><\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260715823670\/en\/1932573\/5\/Ionic_MT_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260715823670\/en\/1932573\/22\/Ionic_MT_Logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260715823670\/en\/1932573\/5\/Ionic_MT_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260715823670\/en\/1932573\/21\/Ionic_MT_Logo.jpg\" \/><\/a><p>PROVO, Utah--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/IonicMT?src=hash\" >#IonicMT<\/a>--Ionic Mineral Technologies (\u201cIonic MT\u201d or the \u201cCompany\u201d), a U.S.-based vertically integrated producer of advanced materials and critical mineral solutions, today announced the results of an independent Preliminary Economic Assessment (\u201cPEA\u201d) for its Silicon Ridge Project in Utah County, Utah.<\/p><p>\nThe PEA was prepared by SGS under the standards of U.S. Regulation S-K subpart 1300 (\u201cS-K 1300\u201d), with the financial model reviewed and confirmed as final by the independent Qualified Person. The PEA outlines a project with an <b>after-tax net present value (8%) of approximately $12.1 billion<\/b>, an <b>after-tax internal rate of return of 69%<\/b>, and a <b>1.5-year payback period<\/b>.<\/p><p>\nThe PEA outlines a project designed to produce a diversified portfolio of advanced materials, rare earths, and critical minerals from a single domestic resource. Rather than depending on a single commodity, Silicon Ridge is expected to generate value across alumina products, amorphous nano-silica, and 19 individually valued critical minerals and rare earth elements \u2014 each named on the U.S. Government\u2019s critical minerals list \u2014 including <b>gallium, germanium, rubidium, cesium, and thirteen rare earth oxides.<\/b> That diversified production model underpins <b>more than $92 billion in projected life-of-mine gross revenue<\/b> over an initial 44-year operating plan.<\/p><p>\n<b>PEA highlights (after-tax, US$, base case)<\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nMetric<\/p><\/td><td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nResult<\/p><\/td><td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nNote<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nNet present value (8% discount)<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n$12.1 billion<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nAfter-tax<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nInternal rate of return<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n69%<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nAfter-tax<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nPayback period<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1.5 years<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nFrom start of production<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nInitial capital cost<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n$1.1 billion<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nIncludes reagent first fill<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nNPV-to-initial-capital ratio<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n~11\u00d7<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u2014<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nLife-of-mine gross revenue<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n$92.5 billion<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nOver 44-year initial operating life<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nLife-of-mine EBITDA margin<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n~87%<\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u2014<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nLife-of-mine after-tax free cash flow<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n~$60 billion<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nUndiscounted; \u224850\u00d7 initial capital<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nProcessing rate<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2.0 Mtpa halloysite concentrate<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nIndustry-standard (McNulty) ramp-up applied<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nIndicated Mineral Resource<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n83.2 Mt<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwrowaltcolor0 bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nMaiden MRE; in-pit at a 1% Al\u2082O\u2083 cut-off<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nInferred Mineral Resource<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n247.0 Mt<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nIncluded in the production schedule \u2014 see cautionary note*<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth24 bwalignl\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignl\">\nLife-of-mine strip ratio<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n0.2:1<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth56 bwalignr\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\nFree-dig surface mining \u2014 no drilling or blasting; contractor-quoted $2.63\/t mining cost<\/p><\/td><\/tr>\n<\/table><p>\n<i>*The PEA is preliminary in nature and its production schedule includes Inferred Mineral Resources \u2014 approximately three-quarters of the supporting Mineral Resource \u2014 which are considered too geologically speculative to have the modifying factors applied that would allow classification as Mineral Reserves. There is no certainty that the results of the PEA will be realized. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.*<\/i><\/p><p>\n<b>Multi-product, multi-segment revenue: <\/b>approximately 51% of life-of-mine value from alumina products (IonAL\u2122) spanning high-purity, specialty, chemical-grade, and smelter-grade tiers, serving automotive, aerospace and advanced materials sectors, with the balance of LoM value from defense-critical elements such as, rubidium, cesium, gallium, germanium, rare earth oxides, plus amorphous nano-silica \u2014 a diversified product suite from a single deposit.<\/p><ul class=\"bwlistsquare\">\n<li>\n<b>Disciplined assumptions: <\/b>economics apply the independent QP's selected recoveries and prices throughout; several elements are carried at zero value in the model \u2014 including lithium, hafnium, lanthanum, and cerium; cesium, gallium, and germanium are valued at a 65% payability to reference prices, reflecting intermediate-product sales rather than refined metal, and rare earth prices are the independent QP\u2019s selections, which in aggregate sit well below spot reference levels; approximately three-quarters of alumina tonnes are priced at chemical- and smelter-grade levels of $750\/t or below, with high-purity and specialty tiers capped at defensible fixed annual volumes, and the majority of silica tonnes are valued as engineered backfill; production ramps on an industry-standard new-technology curve; and a flat 24.5% combined income tax rate is applied with no depletion or credit elections beyond a single modeled production credit. Site operating costs are estimated bottom-up at approximately $123 per tonne of feed processed \u2014 including contractor mining confirmed by quotation and a full reagent make-up allowance \u2014 with no by-product cost credits applied to any product.<\/li>\n<li>\n<b>Robust across sensitivities: <\/b>the PEA's sensitivity analysis varies commodity prices, operating costs, and capital costs across \u00b140% ranges and applies discount rates from 5% to 10%, including combined adverse cases \u2014 with the price ranges applied to the QP's selected prices, already at the conservative end of observable ranges, rather than to spot benchmarks; the Project's after-tax NPV remains robust and positive across every sensitivity case evaluated.<\/li>\n<li>\n<b>A deliberately measured schedule: <\/b>the NPV is calculated over a 44-year initial operating life at a 2.0 Mtpa production rate \u2014 a schedule set by defensible market assumptions rather than by the resource or processing capability, which can be adjusted upward significantly by minor non-proportional scaling of CAPEX. Because later-year cash flows are heavily discounted, approximately 72% of the after-tax NPV is generated in the first 20 years of the plan; the remaining 24 years of scheduled production, and all resource beyond the plan, contribute comparatively little to the headline figure.<\/li>\n<li>\n<b>No red-mud legacy: <\/b>Silicon Ridge's clay-based hydrometallurgical route does not generate the caustic red-mud tailings that characterizes conventional Bayer-process alumina refining from bauxite \u2014 a structural environmental advantage for a domestic alumina producer. Rather, the native process is clean, with virtually no tailings waste and favors the production of high purity alumina specialties.<\/li>\n<li>\n<b>District-scale growth: <\/b>the maiden Mineral Resource Estimate \u2014 83.2 Mt Indicated and 247.0 Mt Inferred, approximately 330 Mt in total \u2014 is defined on less than 10% of the approximately 12,000-acre Silicon Ridge district. The resource remains open.<\/li>\n<li>\n<b>Domestic supply-chain significance: <\/b>the Project is designed to produce, in the United States, a suite of minerals for which the country is currently import-reliant \u2014 including <b>gallium<\/b> and <b>germanium<\/b>, both subject to Chinese export restrictions announced in December 2024; <b>rare earth elements<\/b>, several of which \u2014 including <b>terbium, dysprosium, and yttrium <\/b>\u2014 became subject to Chinese export licensing controls announced in April 2025; and rubidium and cesium, whose global mine supply is concentrated in a single foreign-controlled producer.<\/li>\n<\/ul><p>\n<b>Management commentary<\/b><\/p><p>\n\u201cThe PEA marks an important milestone for Ionic MT and validates years of technical work at Silicon Ridge,\u201d said Andre Zeitoun, Founder and CEO of Ionic MT. \u201cThe results outline a long-life, capital-efficient U.S. critical-minerals and advanced-materials platform supported by a diversified product suite and the Project\u2019s maiden Mineral Resource Estimate. The study demonstrates the potential for Silicon Ridge to become a material domestic source of alumina, rare earths and several other strategically important critical minerals, including gallium, germanium, rubidium and cesium, from a single mineral deposit using one processing platform. Silicon Ridge, together with our operating, processing and laboratory facility in Provo, provides a strong foundation for the next phase of technical, strategic, government and financing discussions.\u201d<\/p><p>\n<b>Project overview<\/b><\/p><p>\nSilicon Ridge is a surface halloysite clay deposit located on Utah School and Institutional Trust Lands Administration (SITLA) trust lands near Eagle Mountain, Utah \u2014 where Project royalties help fund Utah\u2019s K-12 public schools. The Company is advancing the Project in engagement with state and local stakeholders. The resource is defined by a close-spaced, shallow drilling grid across the clay horizon \u2014 more than 100 drill holes and approximately 4.7 kilometers (roughly 15,300 feet) of total drilling \u2014 supported by deeper core holes testing the underlying stratigraphy to depths of up to approximately 270 meters. Sample assaying was performed at independent accredited laboratories, including ALS and SGS, under the Company\u2019s QA\/QC program, with the Company\u2019s internal laboratory benchmarked against external results on paired samples. The deposit is amenable to free-dig surface mining at a life-of-mine strip ratio of 0.2:1 \u2014 without drilling and blasting \u2014 feeding a hydrometallurgical flowsheet developed and operated at the Company's approximately 85,000 sq ft facility in Provo, Utah. Halloysite\u2019s naturally reactive aluminosilicate structure allows direct hydrochloric-acid leaching at atmospheric pressure and moderate temperature \u2014 the property that enables a domestic, non-Bayer route to alumina and recovery of the full co-product suite from a single feed. The flowsheet uses hydrochloric acid leaching with industrial acid regeneration and is designed as a closed-loop system recycling process water and recapturing approximately 97% of its primary chemical reagent for reuse \u2014 reducing reagent consumption, waste volumes, and the Project's environmental footprint. The Project is located near established regional infrastructure, including natural gas and electrical power serving the surrounding area, and the Company is engaged in constructive discussions with Eagle Mountain City regarding water and municipal services for the Project. SGS serves as independent Qualified Person and metallurgical laboratory.<\/p><p>\nSeparately from the PEA, Ionic MT holds process intellectual property for Ionisil\u2122, the Company's halloysite-derived nano-silicon battery-anode material. Ionisil\u2122 is distinct from the amorphous nano-silica co-product valued in the PEA, and no nano-silicon revenue, cost, or market assumptions are included in the PEA economics.<\/p><p>\n<b>Investor and strategic partner engagement<\/b><\/p><p>\nIonic MT has engaged Citigroup, which is serving as the exclusive capital markets adviser to the Company.<\/p><p>\n<b>Mineral resource and study basis<\/b><\/p><p>\nMetallurgical recoveries and mass balances applied in the PEA are derived from laboratory test work performed and confirmed by the hydrometallurgy team at SGS Lakefield, supported by independent assay programs, with the independent QP's selected recoveries and price assumptions applied throughout the economic model. The PEA economic analysis is supported by the Project\u2019s maiden Mineral Resource Estimate of 83.2 Mt of Indicated and 247.0 Mt of Inferred Mineral Resources (in-pit, at a 1% Al\u2082O\u2083 cut-off), and the production schedule includes both Indicated and Inferred material. Inferred Mineral Resources are considered too geologically speculative to have the modifying factors applied that would enable them to be categorized as Mineral Reserves, and there is no certainty that the results of the PEA will be realized.<\/p><p>\n<b>Report availability<\/b><\/p><p>\nAs a private company, Ionic MT will not publicly file the full technical report. The Company is voluntarily disclosing selected PEA results and is not subject to public-company technical-report filing requirements. Qualified investors, strategic partners, lenders, and government counterparties may request access to the complete PEA and supporting technical documentation under confidentiality agreement through the contact below.<\/p><p>\n<b>About Ionic Mineral Technologies<\/b><\/p><p>\nIonic Mineral Technologies is a U.S.-based vertically integrated producer of advanced materials and critical mineral solutions. The Company is developing the Silicon Ridge Project in Utah and operates a downstream processing facility in Provo, Utah.<\/p><p>\nA link to a Company video can be found <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fdrive.google.com%2Ffile%2Fd%2F11rO0ZgvSl1FHgeGl7Nw76bPFC6MjskQK%2Fview%3Fusp%3Dsharing&amp;esheet=54570877&amp;newsitemid=20260715823670&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=5291f880e927563caae62ef0797ee6a4\" rel=\"nofollow\" shape=\"rect\">here<\/a>, and you can learn more at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fionicmt.com&amp;esheet=54570877&amp;newsitemid=20260715823670&amp;lan=en-US&amp;anchor=https%3A%2F%2Fionicmt.com&amp;index=2&amp;md5=e34dcc15e6655235fba3998fa6cb6402\" rel=\"nofollow\" shape=\"rect\">https:\/\/ionicmt.com<\/a>.<\/p><p>\n<b>Forward-looking statements<\/b><\/p><p>\nThis news release contains \u201cforward-looking statements\u201d and \u201cforward-looking information\u201d within the meaning of applicable securities laws, including statements regarding the results and assumptions of the PEA (projected net present value, internal rate of return, capital and operating costs, payback period, mine life, production volumes, revenue, and margins); the size, grade, and classification of Mineral Resources and the potential to expand or upgrade them; the anticipated processing route and its performance; product markets and pricing; and the strategic significance of the Project. Forward-looking statements are based on assumptions management considers reasonable as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially, including: the preliminary nature of the PEA and the \u00b135% accuracy of its estimates; that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability; that Inferred Mineral Resources are too speculative geologically to have economic considerations applied to them; metallurgical, technical, and scale-up risk; commodity price volatility and market development risk; permitting, environmental, water, and land-tenure risk; financing risk; changes in government policy and trade measures; and general economic conditions. The Company undertakes no obligation to update forward-looking statements except as required by law.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n\u00a0<b>Media Contact: Jeremy Dillon | <a  href=\"mailto:jeremy@lotsixteen.com\" rel=\"nofollow\" shape=\"rect\">jeremy@lotsixteen.com<\/a><\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>SGS-prepared PEA outlines a long-life, capital-efficient, polymetallic U.S. critical-minerals and advanced-materials project based on the Project\u2019s maiden Mineral Resource EstimatePROVO, Utah&#8211;(BUSINESS WIRE)&#8211;#IonicMT&#8211;Ionic Mineral Technologies (\u201cIo&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36511","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/36511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36511"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/36511\/revisions"}],"predecessor-version":[{"id":36512,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/36511\/revisions\/36512"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}