Reported 3 months ago
Rio Tinto Group has been confirmed as the preferred partner for the Salares Altoandinos lithium project in Chile's Atacama region, acquiring a 51% stake while state-owned ENAMI retains 49%. This partnership represents a significant expansion of Rio Tinto's lithium interests and is contingent upon regulatory approvals and standard closing conditions. The CEO expressed optimism about the project's potential to become a leading lithium development, supporting Chile's role in the energy transition.
Source: YAHOO