Rio Tinto to acquire Rincon Mining lithium project for $825M
Green Car Congress
DECEMBER 22, 2021
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.
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