Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB).
The Kern County NBC affiliate, KGET, runs a story on U.S. Borax's 150th birthday and how Rio Tinto discovered a quantity of lithium—a mineral essential in the manufacture of batteries—in its waste stream.
Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining.
Rio Tinto is supporting the development of a battery ecosystem in Europe with an investment in Inobat Auto (‘InoBat’), a European-based battery technology and manufacturing company.
A breakthrough method for extracting lithium from waste rock at our Boron, California mine presents exciting opportunities for producing battery-grade lithium to power sustainability initiatives.
An excerpt from an article by Sinead Kaufman, Chief Executive Rio Tinto Minerals
This year, Sinead Kaufman assumed responsibility for Rio Tinto’s mineral group, including lithium. An article from WAToday
Rio Tinto has committed $2.4 billion to the Jadar lithium-borates project in Serbia, one of the world’s largest greenfield lithium projects.