Green Car Congress
MAY 12, 2023
The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina. billion and adjusted EBITDA of approximately US$1.2 billion.
Green Car Congress
DECEMBER 22, 2021
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.
Green Car Congress
MARCH 29, 2022
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.
Green Car Congress
SEPTEMBER 30, 2022
We are seeing strong interest in the market for a North American supply of spodumene concentrate to support production of lithium batteries. In March 2022, Rio Tinto completed the acquisition of the Rincon lithium project, a large undeveloped lithium brine project located in the heart of the lithium triangle in Argentina.
Green Car Congress
FEBRUARY 7, 2014
The Aemetis plant was built in 2008 to produce biodiesel and refined glycerin using large volumes of lower-cost, non-food by-products from the edible oil industry as feedstock to supply the biofuel, pharmaceutical, and industrial markets. — Eric McAfee, Chairman and CEO of Aemetis.
Green Car Congress
JANUARY 17, 2018
Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Demand growth to date has seen the lithium price more than doubled in the past few years.
Green Car Congress
JANUARY 30, 2019
Investing in the commodity market can be a roller-coaster ride; what with the incessant boom-and-bust cycles driven by the ebb and flow in infrastructural spending, production ramps/cutbacks and stockpiling/destocking supplies. In terms of feedstock supply, SQM and Albemarle had laid out plans for increased production rates.
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