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
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $102.8M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.1¢ | $166.5K | 2.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21064 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 385921 | 8 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
6.1¢ |
Change
0.000 ( 1.61 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.3¢ | 6.1¢ | 1689355 | ||
| Last updated 15.54pm 29/05/2024 ? | |||||
| LKE (ASX) Chart |