5/25/2021, 11:04 AM (Source: TeleTrader)
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Rio Tinto, InoBat to work on battery manufacturing

Rio Tinto Group announced on Tuesday that it will cooperate with InoBat on a battery manufacturing and recycling value chain in Serbia.

The Anglo-Australian corporation's project is one of the largest greenfield lithium currently in development, with a reported potential to produce approximately 55,000 tonnes of battery-grade lithium carbonate.

"This collaboration with InoBat will enable an important exchange of knowledge and information on lithium processing, recycling and technologies for the next generation of batteries. It is a visionary initiative and one that is aligned with Rio Tinto’s commitment to partnerships that provide solutions to combat climate change," Managing Director Marnie Finlayson said.

Baha Breaking News (BBN) / MD