Guess which ASX lithium stock is jumping 29% on $1.6b funding boost

Ioneer Ltd (ASX: INR) shares are rocketing out of the gates on Monday morning.

In early trade, the ASX lithium stock was up 29% to 22 cents.

The lithium developer’s shares have pulled back a touch since then but remain up by 19% to 20.2 cents at the time of writing.

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