The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

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
Chris Taylor Sets Sights on Gold, Antimony in France After Success at Great Bear
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

5 Private Longevity Research Companies (Updated 2024)

August 28, 2024

Completion of QSM Acquisition

December 24, 2024

3 Best-performing Canadian Cleantech Stocks of 2025

July 18, 2025

Lode Gold Closes Financing – $790,186 to Advance...

April 16, 2025

Mineral Resource Update – Mt Boppy Gold Project

April 20, 2024

NorthStar Gaming Holdings

December 8, 2023

High-Grade Mineralisation Identified at North Sweden Project

February 13, 2025

Homerun Resources Inc. Files for Approval of $3...

July 26, 2025

Is Now a Good Time to Buy Bitcoin?

February 27, 2025

Crypto Market Recap: Senator Cruz Supports Bitcoin Mining...

April 3, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Categories

    • Business (1,487)
    • Investing (3,803)
    • Politics (5,096)
    • World (4,762)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.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 © 2024 TheInvestmentWhisperer.com | All Rights Reserved