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Rio Tinto grabs stake in graphite-focused Sovereign Metals

Cecilia Jamasmie | July 17, 2023 | 3:53 am Battery Metals Markets Top Companies Africa Australia Australia NZ South Pacific Graphite 

Rio Tinto (ASX, LON: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (ASX: SVM) (LON: SVML) for A$40.4 million ($27.6 million), becoming a top investor in the critical minerals developer. The move by the world’s...

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