RIO Jul 2024 72.500 put
- Reuters
Serbia to give green light for Rio Tinto lithium mine, FT reports
Vucic told the newspaper that "new guarantees" from the global mining giant and the European Union looked set to address Serbia’s concerns over whether necessary environmental standards would be met at the Jadar site in the west of the country. Rio Tinto said in a statement emailed to Reuters: "We believe the Jadar Project has the potential to be a world-class asset that could act as a catalyst for developing an EV (electric vehicle) value chain in Serbia".
- Zacks
Rio Tinto (RIO) Inks Deal to Buy 11.65% Stake in Boyne Smelters
Rio Tinto (RIO) is set to acquire Mitsubishi's 11.65% interest in Boyne Smelters, taking its interest in the venture to 73.5%.
- Reuters
Australia's Rio Tinto to buy Mitsubishi's nearly 12% stake in Boyne Smelters
Boyne, which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia, is a joint venture between Rio Tinto, YKK Aluminium and others. In late May, Rio signed a deal to buy Sumitomo Chemical's 2.46% interest in the venture. The purchase from Sumitomo Chemical and the completion of the deal with Mitsubishi will see Rio's interest in Boyne increase to 73.5%, the Australian miner said.
