Rio Tinto to invest $350m in Argentina lithium project
Global miner Rio Tinto will invest $350-million at its Rincon lithium plant in Argentina as it works to begin production by the end of the year, the company said this week following CE Jakob Stausholm's visit to the site. "The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," he said in a statement to Reuters late on Monday, after a recent trip to the project in the northern province of Salta.