RE:Grid Connect.. Another qoute to get the hopeium going. Maybe if lithium is too high then they can look towards more copper instead.
"Rio’s net debt remained low at $4.2 billion, which has spurred expectations that it may look to grow via acquisition.
CEO Jakob Stausholm said last August that Rio Tinto was open to small, bolt-on acquisitions to shape its portfolio including in Canadium lithium but that valuations were too high."
https://www.mining.com/web/rio-tinto-profit-drops-12-but-iron-ore-giant-returns-more-cash-to-investors/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=rio-tinto-reports-12-profit-drop-but-returns-more-cash-to-investors