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(Reuters) - Rio Tinto is in talks to buy lithium producer Arcadium Lithium, pursuing a deal that could make the Anglo-Australian miner the third-largest producer of the electric-vehicle battery metal.
Rio's Rincon project in Argentina is due to start producing later this year, while its Jadar project in Serbia could take at least two years to secure all the necessary permits.
There is an expectation for more deals among lithium producers as long-term prospects for EV demand remain positive des...
>>> Read more: Factbox-Arcadium deal could power Rio Tinto's entry into lithium supplier big league
Rio's Rincon project in Argentina is due to start producing later this year, while its Jadar project in Serbia could take at least two years to secure all the necessary permits.
There is an expectation for more deals among lithium producers as long-term prospects for EV demand remain positive des...
>>> Read more: Factbox-Arcadium deal could power Rio Tinto's entry into lithium supplier big league
