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Rio Tinto Partners with Codelco to Develop Lithium Project in Chile

Summary by futuremoneyfate.com
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO)said on Monday (May 19) that it has signed binding agreements with Corporación Nacional Del Cobre de Chile (Codelco) to develop and operate a high-grade lithium project. The asset is located in the Salar de Maricunga, a large lithium-containing resource base in Atacama, Chile. Its brine is said to have one of the highest average grades of lithium content in the world. According to Rio Tinto, it will acquire a …

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Investing News Network broke the news in on Thursday, May 22, 2025.
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