Home Market News Rio Tinto prefers building its own lithium mines to buying them, CEO says

Rio Tinto prefers building its own lithium mines to buying them, CEO says

0
Rio Tinto prefers building its own lithium mines to buying them, CEO says
Brine pools for lithium mining.

Cavan Pictures/iStock by way of Getty Pictures

Rio Tinto (NYSE:RIO) desires to be a “significant” lithium producer however is concentrated on discovering and constructing its personal mines moderately than becoming a member of the wave of dealmaking within the sector, CEO Jakob Stausholm informed Bloomberg on Tuesday.

“We might moderately