Rio tinto bid fact check

I checked by some articles about rio tinto lithium interest.
Rio is very eager to get lithium portfolios.
so they have serbian lithium and rincon project as well.
but serbian lithium would be nor clear to get permission.

Fact check

1. Rio said they have 15billions for takeover. They have free cash flow 20billions.--not sure AUD or USD
2. Rio wants "brine and Australian mine"
3. Rio have pilot refining plant in Canada and trying Sayona stockpile.

Allkem has brine and spodumene.-enough resources
Allkem plans refining plant at Canada.
Allkem share price around $12-$13 plus 50-60% premium
would be in their budget.
Orocobore and Galaxy were announced Apr 2021 merger.
Allkem presented "strategic presentation" before Q3 2021
which is very strongly emphasise "Growing plan and ESG"
Allkem is now printing money and USD577 at hand.

so interesting...

not advice.