#RioTinto bets on #Lithium as #Tesla yet to sign major supply deal

chart7lithrep

#Mining giant #RioTinto wants to be one of the first major miners to get a grip on the #Lithium market, one of the very few commodities, if not the only one, that has remained unaffected by the ongoing rout in metals and fuel prices.

Lithium Carbonate prices have climbed about 70% over the past two months to $10,000 a tonne, according to research by #Citi published this week.

Read more at: http://www.mining.com/rio-tinto-bets-on-lithium-as-tesla-yet-to-sign-major-supply-deal/

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