RIO TINTO INVESTS IN MAJOR CHILEAN LITHIUM PROJECT
https://fotos.perfil.com/2024/05/31/trim/540/304/codelco-president-chile-lithium-1811750.jpg
✍️ Chile's state-owned copper giant Codelco has partnered with British-Australian miner Rio Tinto to extract lithium from a salt flat in northern Chile.
👉 Codelco and Rio Tinto have partnered to extract lithium from a salt flat in northern Chile 👉 The partnership is valued at $900 million 👉 Codelco will retain a controlling stake of 50.01% in the joint venture 👉 Rio Tinto will invest $900 million to acquire a 49.99% stake in the joint venture 👉 The project is expected to be finalized by the end of March 2026
-- #MaximoPacheco #GabrielBoric #Chile #Argentina #Bolivia #Australia #Britain #Maricunga #Atacama #business
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