Rio Tinto and MidlandThe new deal between Midland and Rio Tinto shows their interest in lithium mining in Canada.
The 65 million announced is conditionnal (if they go for option 2 of the agreement) Otherwise it is 14.5 million in the next 5 yeras.
For Rio Tinto this like throwing a pocket of change, but it does show their intentions. It could be 5 to 10 years before minimum before any of the land claims mentionned give out a single kilo of lithium.
So we know lithium is on the agenda for them and if they really want to be a canadian lithium miner in the next 0 to 5 years, there are not many deals that can make this a reality........except the Rose project.