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Rio Tinto to acquire Rincon Mining lithium project for $825M

Green Car Congress

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.

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Rio Tinto completes acquisition of Rincon lithium project for $825M

Green Car Congress

Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB). We will be working with local communities, the Province of Salta and the Government of Argentina as we develop this project to the highest ESG standards.

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Neo Lithium closes strategic investment with CATL; ~8% stake; 3Q project

Green Car Congress

The 3Q Project (Tres Quebradas Lithium Project) is located in Catamarca Province, the largest lithium producing area in Argentina, and covers approximately 35,000 ha including a salar complex of approximately 16,000 ha. —Constantine Karayannopoulos, Chairman of Neo Lithium. In 2019, the company’s EV battery sales volume reached 40.25

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

Green Car Congress

through its US subsidiary EnerNOC, has acquired California-based eMotorWerks, a North American supplier of electric vehicle (EV) charging stations, called JuiceBox, and owner and operator of JuiceNet, an Internet of Things (IoT) platform for the smart management of EV charging and other distributed energy storage facilities. Enel S.p.A.,

Grid 170
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Country’s Ministry of Mines announces lithium discovery

Electric Vehicles India

The Ministry of Mines once said the government is taking some aggressive steps to secure lithium-bearing minerals from Australia and Argentina in order to strengthen the new technology’s critical minerals supply chain. The battery absorbs and stores this energy.

India 79
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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

Green Car Congress

Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral.

Nevada 150
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Debunking the Lithium "Mining" FUD

Plug In India

Using low-carbon fuels or biofuels as the source of heat energy to process lithium and manufacture li-ion batteries would cut carbon emissions by half as per world banks study. [4] tons of GHG each year assuming 50% energy generation from renewable energy [3,6]. 4] An electric car emits about 3,000 pounds or 1.36

Li-ion 59