Rio Tinto warns miners not moving fast enough on lithium extraction
Bloomberg News | September 27, 2022 | 7:13 pm Battery Metals Top Companies Lithium
Sinead Kaufman, Chief Executive Minerals, Rio Tinto. Credit: Rio TintoPlanned lithium production will fail to meet growth in demand for lithium-ion batteries that are needed to meet global climate goals, according to Rio Tinto Plc’s minerals chief.
Lithium consumption needed “to surge way above anything that’s planned to be mined,” Sinead Kaufman told a conference in Perth on Wednesday. The metal is a vital ingredient in the batteries that power zero-carbon electric vehicles.
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