Rio announced this morning that they are acquiring the Rincon lithium project located in the Lithium Triangle (Argentina) where Lake Resources owns (100%) 4 underdeveloped brine projects.
The huge lithium demand expected from the car and battery industries and with a mk cap of around $1b, will Lake become a takeover target?
A very interesting 2022 awaits for LKE.
Rio Tinto buys adjacent
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $63.40M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $68.12K | 1.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 5320082 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 300000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |