New Name to Reflect Company Intent

THE BOURSE WHISPERER: The company formerly known as Global Geoscience announced an official change of company moniker to ioneer Ltd (ASX: INR).

Although the new title looks although whoever lodged the papers forgot to include a capitalised first initial, the company assured punters the change of name reflects its transition and growth into an emerging lithium-boron supplier.

“Our new name is derived from the combination of ion and pioneer,” ioneer chairman James D. Calaway explained in the company’s announcement to the Australian Securities Exchange.

“It reflects our aim to be pioneers in producing the materials for a sustainable future.

“Our commitment to develop the Rhyolite Ridge lithium-boron project into a core, long-term, and profitable asset is part of our responsibility to the planet.

“Both lithium and boron have unique properties that are essential to modern life and emerging clean technologies.”

Ioneer Ltd indicated its new website would be up and running from Monday 12 November 2018.