Update: Market Chatter: Rio Tinto Group in Talks to Develop African Lithium Deposit

MT Newswires Live

Mar 31, 2025

(Updates to add Rio Tinto's response to MT Newswires' request for comment in the fifth paragraph and stock movement in the last paragraph)

Rio Tinto Group (ASX:RIO) is in early discussions with the Democratic Republic of Congo (DRC) to develop the Roche Dure lithium deposit into a mine, Bloomberg News reported on March 28, citing unnamed people familiar with the matter.

If finalized, the agreement would highlight Rio Tinto's readiness to operate in challenging regions, per the report.

For the DRC, securing a partnership with Rio Tinto could reduce Chinese influence in its mining sector.

The Roche Dure deposit is currently claimed by AVZ Minerals, the report added.

In response to MT Newswires' request for comment, Rio Tinto said it had "nothing further to add".

Shares of the company fell 2% in recent Monday trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7504","symbol_name":"锂钴概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2523980930","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2523980930","pubTimestamp":1743377401,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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