Iris Metals: Ingersoll deal powers US lithium hub in Black Hills

Iris Metals (ASX: IR1) is advancing a US-focused lithium play centred on the Black Hills of South Dakota. In this interview, Paul Sanger of The Network speaks with Matt Hartmann, Iris’s President of US Operations, about the strategic significance of the Ingersoll project acquisition and how it integrates into Iris’s hub-and-spoke model across a portfolio that already includes Beecher, Tin Mountain and Edison. Key topics covered include: - why acquiring Ingersoll fits the timing, and how the project sits on private land to expedite permitting - what the private-land advantage means for early production, drill programmes and upcoming studies - historical mining in the Black Hills and what that implies for today’s spodumene resource potential - the role of tantalum and beryllium as complementary minerals to lithium in Iris’s portfolio - the pathway to US-sourced lithium chemicals (carbonate and hydroxide) through partnerships - near-term catalysts: drill results, maiden MREs (Tin Mountain), processing studies, and the 2026 project study across multiple pegmatites Timestamps are included to navigate the discussion, and the video closes with a look ahead to the six-to-twelve month outlook and what investors should watch for in late 2024 and into 2025. Timestamps 00:00 Intro and context 00:50 Interview with Iris US President Matt Hartmann 01:02 Strategic importance of the Ingersoll acquisition 01:56 Timing: why now for Iris 02:02 Drill-driven hub-and-spoke momentum 02:58 Ingersoll’s arson site and historical context 03:13 Historical production and spodumene potential 04:25 Private land advantage for permitting and development 05:33 Permitting regime compared with federal lands 05:48 Immediate production potential and DSO pathway 06:26 Role of tantalum and beryllium in the Iris portfolio 07:21 Why tantalum/beryllium matter for investors 07:33 US critical minerals backdrop and policy context 08:26 Converting spodumene to battery-grade lithium and partnerships 09:26 What to watch next: upcoming drill results and MREs 10:09 2026 project study and multi-pegmatite scope 11:40 News flow and investor implications 11:59 Summary and next steps If you want to stay ahead on Iris Metals and other ASX small-caps, subscribe and turn on notifications for the latest IR1.ASX updates, drill results, and project milestones across the Black Hills portfolio. ⚠️ IMPORTANT DISCLAIMER: This content is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consider seeking advice from a qualified financial advisor before making investment decisions. The creator may hold positions in securities discussed. 📌 Articles: https://smallcaps.com.au/iris-metals-sharpens-us-lithium-focus-edison-success-kookynie-gold-divestment https://smallcaps.com.au/iris-metals-south-dakota-lithium-exploration-new-funding-key-partnership https://smallcaps.com.au/weekly-wrap-gold-shines-amid-growth-fears https://smallcaps.com.au/iris-metals-reelement-strengthen-us-lithium-supply-chain-conversion-milestone https://smallcaps.com.au/iris-metals-pegs-new-nickel-gold-ground-near-kookynie-review-uncovers-prospective-anomaly 🔎 More on this company: https://smallcaps.com.au/stocks/asx-ir1/ ⸻ Small Caps is Australia’s #1 site for market news & information on ASX-listed small cap companies. 🌐 WEBSITE https://smallcaps.com.au/ 🎧 PODCAST https://smallcaps.com.au/podcast/ 📱 SOCIAL MEDIA Facebook: https://www.facebook.com/SmallCapsASX Twitter: https://twitter.com/SmallCapsASX LinkedIn: https://www.linkedin.com/company/small-caps/ 📬 NEWSLETTER https://smallcaps.com.au/subscribe/