Yes similar valuation to lake… this should heat up interest in the area
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project1 in Argentina from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million.
The acquisition demonstrates Rio Tinto’s commitment to build its battery materials business and strengthen its portfolio for the global energy transition.
Rincon is a large undeveloped lithium brine project located in the heart of the lithium triangle in the Salta Province of Argentina, an emerging hub for greenfield projects. The project is a long life, scaleable resource capable of producing battery grade lithium carbonate. It has the potential to have one of the lowest carbon footprints in the industry that can help deliver on Rio Tinto’s commitment to decarbonise its portfolio.
- Forums
- ASX - By Stock
- LKE
- Rio Tinto buys adjacent
Rio Tinto buys adjacent, page-4
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $61.73M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.6¢ | $121.8K | 3.252M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 982142 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 33233 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39446 | 0.042 |
2 | 29027 | 0.037 |
8 | 1982142 | 0.036 |
13 | 470414 | 0.035 |
14 | 922352 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 360455 | 2 |
0.039 | 529384 | 10 |
0.040 | 2480687 | 13 |
0.041 | 963516 | 9 |
0.042 | 469523 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |