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Re: nowwhat2 post# 1318

Thursday, 05/04/2023 4:37:26 PM

Thursday, May 04, 2023 4:37:26 PM

Post# of 1575
Rio Tinto wants lithium assets, but not at current prices
Cecilia Jamasmie | May 4, 2023

Rio Tinto (ASX, LON, NYSE: RIO) chief executive, Jakob Stausholm, said the company continues to be “very interested” in finding lithium projects to add to its portfolio, but noted the current cost of such assets are too high.

Prices for the coveted battery metal rebounded this week for the first time in five months after tumbling from last year’s record highs. This is partly attributed to world No. 2 producer Chile’s decision to tighten state control of its lithium industry.



https://www.mining.com/rio-tinto-wants-lithium-assets-but-not-at-current-prices/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=rio-tinto-wants-lithium-assets-but-not-at-current-prices

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