Rio Tinto-backed lithium start-up eyes further fundraising
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ElectraLith, a lithium start-up backed by Rio Tinto, plans to raise AU$29 million to further develop its innovative lithium extraction technology.
November 25, 2024 | 8:15 am
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Rio Tinto-backed ElectraLith is planning a new funding round to raise AU$29 million for its lithium extraction technology.
Rio Tinto's backing of ElectraLith's innovative lithium extraction technology could enhance its position in the lithium market, potentially boosting RIO's stock value.
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