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Rio Tinto builds focus on lithium, copper to supply battery materials

From australianmining.com.au

Rio Tinto is strengthening a commitment to become a key supplier of materials for battery and electric technologies at the Jadar lithium project in Serbia and at its copper ventures around the world. The company has made no decision on the approval of Jadar, but is progressing the lithium-borates project through to the pre-feasibility study (PFS) stage for a proposed 2023 production start. Jadar has been ranked as one of the largest lithium deposits in the world. If developed, it has the potential to supply a significant percentage of global demand for lithium, according to Rio Tinto. The Serbian site is part of Rio ... (full story)

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  • Category: Fundamental Analysis