29
Mar
16:22
LITHIUM: Rio Tinto completes $825m Rincón purchase in Argentina
Rio Tinto has completed the $825 million purchase of the Rincón lithium project in Argentina after getting the all-clear from Australia’s Foreign Investment Review Board (FIRB).
The transaction with Rincon Mining, a company owned by funds managed by private equity group Sentient Equity Partners, was announced last December, Kallanish notes.
The lithium brine project located in the Salta Province, at the heart of the so-called lithium triangle, stren…
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