One can always rely on Mr Fitz to deliver the leaks
"Back to that wide valuation difference for Syrah. Is it enough for Syrah to be considered vulnerable to a takeover by any number of groups looking to hitch themselves to the global energy storage and electric vehicles revolution? Maybe it is.
There has certainly been chatter about Rio Tinto taking a look on the basis that it could make sense to match up its monster Jadar lithium deposit in Serbia to the monster Balama graphite deposit.
But that is all it is, chatter, helped as it has been by recent comments by Rio, reported by Matt Chambers at The Australian newspaper, that its (new) Ventures business unit had a brief to look for projects consistent with trends towards renewable energy (batteries, electric cars and urbanisation trends), and not bulk commodities like iron ore."
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