Rio Tinto and ENAMI Sign Binding Agreement for Salares Altoandinos Lithium Project in Chile

Rio Tinto expands lithium presence in Chile - Australian Resources & Investment

Image: Steve Morfi/shutterstock.comRio Tinto has signed a joint venture agreement with Chile’s state-owned ENAMI to develop the Salares Altoandinos lithium project, strengthening its global lithium portfolio. The deal will see Rio acquire 51 per cent of the Atacama-based brine project and invest up to $US425 million in cash and non-cash contributions, including its proprietary direct lithium extraction (DLE) technology. The investment includes s…

Rio Tinto, ENAMI form JV for Altoandinos lithium project in Chile

Rio Tinto and ENAMI have entered an agreement to establish a JV aimed at developing the Salares Altoandinos lithium project located in Chile.The post Rio Tinto, ENAMI form JV for Altoandinos lithium project in Chile appeared first on Mining Technology.

Rio Tinto, Enami ink binding JV deal on Chile lithium project

Rio to help develop 'long-life, low-cost' lithium mine - Australian Mining

Image: Matyas Rehak/shutterstock.comRio Tinto is expanding its lithium portfolio, forming a joint venture to develop the Salares Altoandinos lithium project in the Atacama region of Chile. The company will link up with state-owned Chilean mining company Empresa Nacional de Minería at the project, with a binding agreement signed this week. This follows on from Rio Tinto’s confirmation as the preferred partner on the project. The major miner was s…

Rio Tinto, Chilean Miner ENAMI Form JV for $3B Lithium Project

Empresa Nacional de Minería and Rio Tinto signed the binding agreement to form the joint venture following Rio Tinto’s selection as the preferred partner for the project in May.