Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Rio Tinto, Eurodia Team Up for Argentina Lithium Extraction

by admin February 8, 2025
February 8, 2025
Rio Tinto, Eurodia Team Up for Argentina Lithium Extraction

Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) has selected French engineering firm Eurodia to supply the industrial extraction unit for its Argentine lithium subsidiary Rincon, which holds the Rincon lithium project.

Rio acquired the Rincon asset from Rincon Mining in March 2022. The property is located in the Lithium Triangle in Argentina’s Salta province, which hosts more than half of the world’s lithium reserves.

According to an initial mineral resources and ore reserves report, released in December, Rincon’s mineral resources, inclusive of ore reserves, stand at 1.54 million tonnes of lithium carbonate equivalent in the measured category, with 7.75 million tonnes in the indicated category and 2.29 million tonnes in the inferred category.

Eurodia is a global specialist in custom-designed, eco-efficient liquid purification processes. The company develops and implements innovative solutions for industries driving the eco-energy transition.

In a Monday (February 3) release announcing its deal with Rio Tinto, Eurodia said Rincon is ‘a breakthrough moment for lithium processing, proving that innovation and responsibility can come together to meet the demands of the future.”

Rincon has an expected annual capacity of 53,000 tonnes of battery-grade lithium carbonate over a 40 year mine life, although Rio Tinto plans to expand production at the site to 60,000 tonnes per year.

“Eurodia’s contribution is central to this vision, delivering a tailored, high-performance industrial lithium extraction unit that maximizes lithium yield while minimizing environmental impact,” Eurodia said.

“The project combines precision engineering with process efficiency, ensuring that Rio Tinto’s lithium ambitions are realized with both economic and sustainability objectives in mind.”

Rincon is Rio Tinto’s first commercial-scale lithium operation. The major miner announced a US$2.5 billion investment to expand the project this past December, and first lithium was produced at a starter plant the previous month.

A pilot battery-grade lithium carbonate plant is in development at the site and scheduled for completion in H1 2025.

On the exploration side, Rio Tinto is collaborating at Rincon with private company Fleet Space Technologies.

Rio Tinto will use ExoSphere, an exploration solution developed by Fleet Space, to create 3D subsurface maps of the reservoir, basement-depth and brine-influencing structures at Rincon’s salt flat and nearby subvolcanic structures.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
OpenAI considering 16 states for data center campuses as part of Trump’s Stargate project
next post
Halcones Precious Metals Announces Surface Outcrop Chip Channel Sample Results, Including 20.05 g/t, 13.08 g/t, 8.54 g/t and 6.67 g/t Gold From Recent Field Work at Polaris Gold Project, Antofagasta Region Chile

Related Posts

Altech – $4M Placement to Advance Battery Projects

November 15, 2024

SAGA Metals Announces Closing of $700,000 Private Placement...

December 25, 2024

Zinc Stocks: 4 Biggest Canadian Companies in 2025

January 15, 2025

Trigg Expands Tier-1 Australian Antimony-Gold Tenure with Grades...

March 19, 2025

Brightstar Resources

June 20, 2025

Rule, Kiyosaki, Spina and Clark Share Mining Stock...

February 4, 2025

FDA Fast Track Designation for Narmafotinib in Advanced...

September 20, 2024

Low Cost Technology to be Trialed in DLE...

September 19, 2024

Mernova’s Strong Progress Continues

May 9, 2024

Finlay Minerals Receives TSX Venture Exchange Approval for...

May 3, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Lagging Mid-cap ETF Hits Moment of Truth

      June 24, 2025
    • The Best Five Sectors, #24

      June 24, 2025
    • This Week’s Earnings Watch: Turnarounds and Momentum Plays

      June 24, 2025
    • AI Stocks Ignite Again—Where Smart Money is Heading Next

      June 24, 2025
    • Iran retaliates with missile attack on US base in Qatar, Pentagon reports no casualties

      June 24, 2025

    Categories

    • Business (994)
    • Investing (2,452)
    • Politics (3,047)
    • Stocks (1,091)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved