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MELBOURNE, Australia, March 28, 2022--(BUSINESS WIRE)--Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australiaâs Foreign Investment Review Board (FIRB).
A binding agreement to purchase the project from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, was announced in December 2021.
Rincon is a large undeveloped lithium brine project located in the heart of th...
>>> Read more: Rio Tinto completes acquisition of Rincon lithium project
A binding agreement to purchase the project from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, was announced in December 2021.
Rincon is a large undeveloped lithium brine project located in the heart of th...
>>> Read more: Rio Tinto completes acquisition of Rincon lithium project
