Rio Tinto CEO bullish on lithium but not eyeing big acquisitions – ET Auto
Baua Electric
MARCH 3, 2024
The company also owns the Jadar lithium project in Serbia, which is currently under dispute after Serbia in 2022 revoked the license for the project over environmental issues. Softening EV demand has knocked down lithium prices, with a basket tracked by Benchmark Mineral Intelligence plunging more than 80% in the past 12 months.
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