Is Rio Tinto (ASX:RIO) paying too much for the Rincon lithium project?
Questions about the $2 billion plus bet on the Rincon lithium project weighed on the Rio Tinto Limited (ASX: RIO) share price.
Source: fool.com.au
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Rio Tinto (ASX:RIO) share price slumps amid $1.15b lithium acquisition
The Rio Tinto Limited (ASX: RIO) share price is falling amid news the company plans to pay US$825 million – $1.15 billion – for an Argentinian lithium mine.
Source: fool.com.au
Rio Tinto to buy Argentinian lithium project for $825 mln
Rio Tinto Plc said on Tuesday it would buy the Rincon lithium project in Argentina for $825 million as the global miner builds its battery materials business. Rio said Rincon, a large... | December 21, 2021
Source: marketscreener.com