You're making stuff up now! Rio have nothing to do with MAN! RIO have thrown some money at electralith to see if anything comes of it, and I'm sure they'll use their own Argentine brine.
READ THIS POST BY MANDRAKE !
Mandrake Resources Limited’s Post
Mandrake Resources Limited505 followers1w
"The DLE industry is expected to grow to more than $10 billion in annual revenue within the next decade by supplying lithium for EV batteries in hours or days, not months or longer as with existing large, water-intensive evaporation ponds and open pit mines.
This move positions Rio to meet growing demand for #electricvehicle #batteries with more efficient, sustainable methods, as regions like Chile shift away from traditional evaporation ponds.
DLE provides a quicker and more effective method for extracting lithium, achieving up to 90% recovery rates compared to around 50% with evaporation ponds. Although no fully commercial DLE operations exist yet, the sector is poised for rapid growth, potentially transforming lithium supply in the coming years.
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Ann: Maiden Inferred Resource of 3.3Mt LCE, page-111
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1.9¢ |
Change
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Mkt cap ! $11.91M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $32.23K | 1.696M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 411600 | 1.9¢ |
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Price($) | Vol. | No. |
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2.0¢ | 562165 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 411600 | 0.019 |
4 | 1249000 | 0.018 |
4 | 1520902 | 0.017 |
2 | 101268 | 0.016 |
1 | 33340 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 562165 | 4 |
0.021 | 826825 | 4 |
0.022 | 1015601 | 2 |
0.023 | 913465 | 3 |
0.024 | 620639 | 3 |
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