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IN BRIEF: Aterian notes positive update on Rwanda pact with Rio Tinto

10th Jan 2024 16:22

Aterian PLC - London-based, Africa-focused miner - Announces a positive update of field activities being undertaken by Rio Tinto Mining and Exploration Ltd on the lithium-focused earn-in investment and joint venture agreement in Rwanda. Notes its subsidiary, Kinunga Mining Ltd, is engaged in supporting Rio Tinto in staging the necessary equipment to establish a maiden drill program over the licence area in 2024. Sandy Walker, the programme manager, Rwanda for Rio Tinto explains exploration activities are now "safely underway, and we look forward to seeing the results of the data currently being collected."

Current stock price: 0.89 pence, up 4.7% in London on Wednesday

12-month change: down 1.1%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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