LSE:RIOMetals and Mining
Rio Tinto Deepens Quebec Lithium Push And EV Supply Chain Role
Rio Tinto Group (LSE:RIO) has secured a majority interest in Nemaska Lithium.
The company is committing over $300 million to expand lithium operations in Quebec.
The move marks a push into battery metals and North American EV supply chains.
For you as an investor, this development adds a fresh angle to a group best known for iron ore and other bulk commodities. By taking control of Nemaska Lithium and backing it with over $300 million of capital, Rio Tinto is tying more of its future to...