RIO -...

RIO - https://www.australianmining.com.au/rio-tinto-eyes-next-lithium-opportunity/

With its Rincon project in a development phase, and the Jadar opportunity currently stalled by the Serbian Government in January 2022 amid protests from green groups, is Rio on the look-out for other lithium acquisitions?

“We’re looking at a number of opportunities,” Stausholm said. “It’s a really hot market, the lithium market, and we have some disciplines around it."

I’m quite reluctant to come out with too big of a cheque as we are also seeing pressure on project costs and difficult-to-follow schedules

“So the hard-rock lithium, we have learnt an awful lot from Serbia and right now with the Argentine project we are learning an awful lot about DLE (direct lithium extraction) technology, so it’s a technology game and I think we have a lot to bring.”