Rio tinto completes acquisition of rincon lithium project

Melbourne, australia--(business wire)--rio tinto has completed the acquisition of the rincon lithium project in argentina for $825 million, following approval from australia's 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 the lithium triangle in
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