HOUSTON, TEXAS (By Harold Stewart, Energy Analytics Institute, 12.Dec.2024, Words: 665) — Rio Tinto eyes investing $2.5bn to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio.
Rincon’s capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the 3,000-tonne starter plant and 57,000-tonne expansion plant, the company said 12 Dec. 2024 in an official statement.