Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Musk officially steps down from DOGE after wrapping...
HHS slams ‘under-tested’ mRNA technology as Trump cuts...
State Department says it will ‘aggressively’ revoke visas...
SEN. JEANNE SHAHEEN: If Trump wants a Ukraine...
Trump’s drastic NSC cuts spark debate: Does fighting...
GOP rails against ‘blatantly false’ Dem claims about...
SCOOP: GOP push for new House committee to...
Elon Musk criticism of Trump tax bill frustrates...
What’s next for DOGE after Elon Musk’s departure?...
Hamas faces ‘legitimacy crisis’ as desperate Gazans flock...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

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

previous post
Don Durrett: Gold, Silver Price Targets and 15 “Must-Own” Silver Stocks
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

You may also like

5 Top Weekly TSXV Stocks: Gold Stocks Lead...

August 12, 2024

E-Power Starts Metallurgical Testwork at SGS Canada Inc

February 17, 2025

Charbone Hydrogen Secures Key Transport Infrastructure for Green...

July 24, 2024

Bold Ventures Announces PDAC 2025 Booth and Plans...

February 20, 2025

Clinical trial data shows RAD 101 detects Brain...

February 10, 2025

Top 5 Canadian Mining Stocks This Week: GPM...

March 1, 2025

Canadian Investment Regulatory Organization Trade Resumption – FYL

April 18, 2025

Element79 Gold Corp. Comments on Peruvian Government Reform...

May 23, 2025

What Factors Impact Graphene Cost?

February 11, 2025

Aether Global Innovations Corp. Announces Resignation of its...

August 10, 2024

Recent Posts

  • Musk officially steps down from DOGE after wrapping work streamlining government
  • HHS slams ‘under-tested’ mRNA technology as Trump cuts Moderna’s vaccine funding
  • State Department says it will ‘aggressively’ revoke visas for Chinese students
  • SEN. JEANNE SHAHEEN: If Trump wants a Ukraine deal, he should reread his own book
  • Trump’s drastic NSC cuts spark debate: Does fighting the ‘Deep State’ put national security at risk?

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Categories

    • Business (747)
    • Investing (2,201)
    • Politics (2,719)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.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 Sightful Invest. All Rights Reserved.