In February, Rio Tinto said it would spend a further $20 million on studies to examine the Jadar deposit in Serbia, where it had invested $70 million to-date and which Rio Tinto estimates could account for up to 20% of annual global lithium supplies if mined.
Rio Tinto lithium resource in Serbia (125.3 Mt grading 1.8% Li2O) surpasses the one owned by Pilbara Minerals Ltd. at Pilgangoora (80.2 Mt grading 1.26% Li2O).
- http://www.marketwatch.com/story/rio-tinto-excited-by-serbian-lithium-project-2016-06-01
I reckon that any junior lithium company that is not able to place their product on the market by the end of 2017, will have a hard time hoping for favorable market conditions that would fuel their further development.
- Forums
- ASX - By Stock
- GXY
- GXY vs PLS
GXY vs PLS, page-23
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online