If the lithium M&A continues, then Ioneer & Pilbara M. are prime targets due to the size, type (hard rock) & location of their resource and the absence of complicating JV's. With INR's downstream plans and the USA's lack of major Li production they have to be on someone's radar right now. Rio is possible, but BHP could be a sleeper in wait. It was only 4 years ago BHP were saying nickel was too hard and then did an abrupt U turn. They have a track record of being late and paying a subsequent premium for assets. Interesting times.
External News & Commentary, page-1907
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