Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Investing

Rio Tinto, Eurodia Team Up for Argentina Lithium Extraction

by admin February 8, 2025
February 8, 2025
Rio Tinto, Eurodia Team Up for Argentina Lithium Extraction

Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) has selected French engineering firm Eurodia to supply the industrial extraction unit for its Argentine lithium subsidiary Rincon, which holds the Rincon lithium project.

Rio acquired the Rincon asset from Rincon Mining in March 2022. The property is located in the Lithium Triangle in Argentina’s Salta province, which hosts more than half of the world’s lithium reserves.

According to an initial mineral resources and ore reserves report, released in December, Rincon’s mineral resources, inclusive of ore reserves, stand at 1.54 million tonnes of lithium carbonate equivalent in the measured category, with 7.75 million tonnes in the indicated category and 2.29 million tonnes in the inferred category.

Eurodia is a global specialist in custom-designed, eco-efficient liquid purification processes. The company develops and implements innovative solutions for industries driving the eco-energy transition.

In a Monday (February 3) release announcing its deal with Rio Tinto, Eurodia said Rincon is ‘a breakthrough moment for lithium processing, proving that innovation and responsibility can come together to meet the demands of the future.”

Rincon has an expected annual capacity of 53,000 tonnes of battery-grade lithium carbonate over a 40 year mine life, although Rio Tinto plans to expand production at the site to 60,000 tonnes per year.

“Eurodia’s contribution is central to this vision, delivering a tailored, high-performance industrial lithium extraction unit that maximizes lithium yield while minimizing environmental impact,” Eurodia said.

“The project combines precision engineering with process efficiency, ensuring that Rio Tinto’s lithium ambitions are realized with both economic and sustainability objectives in mind.”

Rincon is Rio Tinto’s first commercial-scale lithium operation. The major miner announced a US$2.5 billion investment to expand the project this past December, and first lithium was produced at a starter plant the previous month.

A pilot battery-grade lithium carbonate plant is in development at the site and scheduled for completion in H1 2025.

On the exploration side, Rio Tinto is collaborating at Rincon with private company Fleet Space Technologies.

Rio Tinto will use ExoSphere, an exploration solution developed by Fleet Space, to create 3D subsurface maps of the reservoir, basement-depth and brine-influencing structures at Rincon’s salt flat and nearby subvolcanic structures.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Chris Taylor Sets Sights on Gold, Antimony in France After Success at Great Bear
next post
Halcones Precious Metals Announces Surface Outcrop Chip Channel Sample Results, Including 20.05 g/t, 13.08 g/t, 8.54 g/t and 6.67 g/t Gold From Recent Field Work at Polaris Gold Project, Antofagasta Region Chile

Related Posts

Tech 5: CoreWeave Inks US$11.9 Billion OpenAI Deal,...

March 16, 2025

Questcorp Mining Continues Exploration in Advance of Drilling...

July 7, 2025

Skyharbour Partner Company Terra Clean Energy Completes Winter...

April 2, 2025

Crypto Market Update: Ethereum Funds Draw US$2.12 Billion...

July 22, 2025

Heliostar Metals to Present at the Metals &...

July 22, 2025

AI Market Update: Q1 2025 in Review

April 10, 2025

Tech 5: Meta Plans Multi-Billion AI Bet, Apple...

June 17, 2025

Top 5 Canadian Mining Stocks This Week: Africa...

June 7, 2025

LME Copper vs. COMEX Copper

January 31, 2025

Providence Extends Private Placement

March 29, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • Tech Taps the Brakes, Homebuilders Hit the Gas: See the Rotation on StockCharts Today
  • Trump calls for Obama to be criminally investigated, says he was Russiagate ‘ringleader’
  • SCOOP: Dem fundraising giant ActBlue hit with subpoena by top House committees
  • Dems seek retaliation over GOP cuts as Thune calls for ‘cooperation’ on funding vote

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    July 23, 2025
  • Tech Taps the Brakes, Homebuilders Hit the Gas: See the Rotation on StockCharts Today

    July 23, 2025
  • Trump calls for Obama to be criminally investigated, says he was Russiagate ‘ringleader’

    July 23, 2025
  • SCOOP: Dem fundraising giant ActBlue hit with subpoena by top House committees

    July 23, 2025
  • Dems seek retaliation over GOP cuts as Thune calls for ‘cooperation’ on funding vote

    July 23, 2025
  • GOP lawmakers advocate for US condemnation of persecution against Christians in Muslim-majority nations

    July 23, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 5

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (459)
  • Investing (1,619)
  • Politics (1,994)
  • Stocks (671)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved