Rio Tinto to invest USD 350 million in Argentina lithium project – ET Auto
Baua Electric
MARCH 20, 2024
The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. Rio Tinto said it is working with local communities and authorities to ensure environmental standards.
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