RIO bid for AKE, page-38

You are talking about Allkem, right? Mate Allkem have so much cash flowing into their coffers already and torrents more in the near future that they are even toying with the idea of bum puffing on a debt facility just so they can have something in common with all the other miners. As Jimmy used to scream, Pilbara's got nothing Allkem wants (other than the cash flow from another tier one lithium operation). If I squint I can just make out some synergies between Pilbara and Patriot as the latter could do with Pilbara's cash reserves and expertise. I'd suggest that a hook-up between Allkem and Livent makes more sense as Livent has mid-stream expertise and Allkem a diversified upstream portfolio and together they would be dominant in upstream Quebec and Argentina and have a mid-stream presence in east Asia, Europe and the Americas.