Rio Tinto Strikes Another Lithium Deal With Codelco Venture
Rio Tinto Group agreed to invest in a Chilean lithium project controlled by Codelco as the world's second-biggest miner continues its expansion into the battery metal.
Unlike it major peers, Rio has targeted lithium as a key growth area, buying projects in Argentina and Australia as it looks to reduce its dependence on iron ore, which is easily it's biggest earner.
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