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Raiden signs US$31.5 million JV deal with Rio

Raiden Resources (AU:RDN) has signed a US$31.5 million earn-in and joint venture agreement with Rio Tinto (LN:RIO), just three weeks after listing on the ASX.

Raiden signs US$31.5 million JV deal with Rio Raiden signs US$31.5 million JV deal with Rio Raiden signs US$31.5 million JV deal with Rio Raiden signs US$31.5 million JV deal with Rio Raiden signs US$31.5 million JV deal with Rio

Rio Tinto has teamed up with Raiden Resources to explore the latter's licences in Serbia

While Rio is active in Serbia via its advanced Jadar lithium project, it has also been exploring for copper.