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22 Dec
07:16

LITHIUM: Rio Tinto to acquire Argentine Salar del Rincón project

Rio Tinto has entered into a binding agreement with Rincon Mining for the acquisition of the Salar del Rincón lithium project in Argentina, Kallanish learns from the Anglo-Australian mining group. The deal, which is valued at $825 million, is part of Rio Tinto’s commitment to build its battery materials business and strengthen its portfolio for the global energy transition. Australian Rincon Mining is owned by funds managed by the Sentient Equity Par…
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