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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.

Argentina 259
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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.

Argentina 195
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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. For long-term needs, work must continue to make better use of the minerals available in the country.

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. Albemarle Corp.

Nevada 150
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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

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.

Toyota 207
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Nanjing team develops solar-powered electrolysis process for extraction of lithium from seawater

Green Car Congress

Researchers from Nanjing University have developed a new method for the extraction of lithium metal from seawater using solar-powered electrolysis with a NASICON solid-state electrolyte as the selective membrane. Shortage of future lithium supply and the uneven distribution of current lithium resources. Yang et al.

Solar 305
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Debunking the Lithium "Mining" FUD

Plug In India

Considering a use case with the following supply chain, The total emissions for lithium extraction in Chile, which then stays in Chile for lithium processing and proceeds to Korea for cell manufacturing and vehicle assembly will be 1.5 tons of GHG (greenhouse gasses) per electric car [3]. link] A typical passenger vehicle emits about 5.07

Li-ion 59