I don’t think Gina is going to be very happy with rio Tinto muscling into lithium deal via ltm. She has proven that she wants battery tech with ltr, azs deals last year and also rare earth holdings in aru and bre.
lrs is also in the midst of a takeover. All the good resources get taken over. Degrey gold is talked about as a takeover target every second week in the papers.
either way the Aussie market is awash with takeovers in the resource sector.
I don’t think Gina is going to be very happy with rio Tinto...
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