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Rio Tinto Aims to Invest Approximately $425 Million in Chilean Salares Altoandinos Lithium Project Development
2025-05-23 /
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Author：小编
The Chilean National Mining Company has designated Rio Tinto as its preferred partner for the northern Salares Altoandinos lithium project. Rio Tinto intends to acquire a 51% stake in the venture, with the remaining shares retained by the Chilean National Mining Company. To formalize this collaboration, both parties must sign a binding agreement and secure regulatory approval. As part of its commitment, Rio Tinto will initiate pre-feasibility and feasibility studies to guide investment decisions. The company will also provide approximately $425 million in combined cash and in-kind contributions, encompassing its proprietary direct lithium extraction technology, to fund the project's research in phases.
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