Reported about 17 hours ago
Chile's state-run mining entity ENAMI has awarded Rio Tinto a 51% share in the Altoandinos lithium project, marking the miner's second significant investment in the country's lithium production. Rio Tinto plans to initially invest $425 million for essential studies before a final investment decision, further enhancing its presence in Chile, which is the world's second-largest lithium producer.
Source: YAHOO