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Rio Tinto invests in InoBat

Green Car Congress

Rio Tinto is supporting the development of a battery ecosystem in Europe with an investment in Inobat Auto (InoBat), a Europe-based battery technology and manufacturing company. InoBat is actively pursuing plans to build a number of gigafactories, including one in Serbia. Rio Tinto’s $2.4-billion

Serbia 319
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

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Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.

Serbia 321
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Rio Tinto to invest ~$200M to progress the Jadar lithium project to feasibility study stage; jaderite

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Rio Tinto has approved an additional investment of almost $200 million to progress the next stage of the development of the lithium-borate Jadar project in Serbia. Rio Tinto’s lithium project pipeline is an important part of our vision to pursue opportunities which are part of the transition to a low-carbon future.

Serbia 243
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Rio Tinto starts demonstration plant in Québec for new spodumene concentration process

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The process was developed by researchers at Rio Tinto’s Critical Minerals and Technology Center and tested on spodumene ore samples from various countries. We are seeing strong interest in the market for a North American supply of spodumene concentrate to support production of lithium batteries.

Serbia 199
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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

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Korea’s advanced technology and Bolivia’s resources will create synergy.” The joint venture will also pave the way for Asia’s fourth-largest economy to take part in a project to develop lithium carbonate in the region, officials said. Korea has been spurring its drive to secure scarce minerals in the Latin American region.

Bolivia 199