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. Geological Survey, reaching 9,600 metric tons.
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