Rio announced this morning that they are acquiring the Rincon lithium project located in the Lithium Triangle (Argentina) where Lake Resources owns (100%) 4 underdeveloped brine projects.
The huge lithium demand expected from the car and battery industries and with a mk cap of around $1b, will Lake become a takeover target?
A very interesting 2022 awaits for LKE.
Rio Tinto buys adjacent
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Last
6.4¢ |
Change
-0.002(3.03%) |
Mkt cap ! $106.1M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.8¢ | 6.4¢ | $376.8K | 5.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1727872 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 166666 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
-0.002 ( 3.03 %) |
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| Open | High | Low | Volume | ||
| 6.6¢ | 6.7¢ | 6.4¢ | 2857768 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LKE (ASX) Chart |