The trend in battery technology is indeed seeing a shift towards higher-nickel NMC chemistries requiring lithium hydroxide, while LFP batteries, using lithium carbonate, remain popular for
In the company''s second quarter 2023 sustainability report sent to investors, a sentence warns that "at our Rincón lithium project in Argentina, our $140 million estimate and
Rio Tinto Group has announced a major $2.5 billion investment to expand its Rincon lithium project in Argentina. This move aligns with President Javier Milei''s push to deregulate the country''s economy and attract foreign investment. As
A structural opportunity in a depressed market In an international context characterized by depressed lithium prices and a marked slowdown in the investment of new projects, Lithium Argentina
Rio Tinto (ASX, NYSE: RIO) announced Thursday it will invest $2.5 billion to increase production capacity at its Rincon lithium project in Argentina to 60,000 tonnes per year. Rincon is the
Located in Jujuy Province, Argentina, this operation boasts rich lithium reserves, established infrastructure, and a skilled local workforce. Commissioned in 2024, it has a nameplate
Higher output, lower capital cost Our scientific approach to exploration and extraction combines volcanology and geological mapping with geochronology and geochemical analyses of marker
Rio Tinto Group has announced a major $2.5 billion investment to expand its Rincon lithium project in Argentina. This move aligns with President Javier Milei''s push to deregulate the country''s economy and attract foreign investment.
Rio Tinto Group has announced a major $2.5 billion investment to expand its Rincon lithium project in Argentina. This move aligns with President Javier Milei''s push to deregulate the
Exencell, as a leader in the high-end energy storage battery market, has always been committed to providing clean and green energy to our global partners, continuously
The total investment cost is about 830 million dollars (about KRW 0.95 trillion) including infrastructure investment and operating funds. Operation of the lithium plant and financing will be 100% carried out by
What is the Cauchari Lithium Brine Project and Why is it Significant? American Salars Lithium''s acquisition of the Cauchari Minas Ines 01 project represents a strategic move
Global mining group Rio Tinto has approved an investment of $2.5 billion to expand its first commercial-scale lithium operation, the Rincon project in Argentina. Plans call
How much lithium is mined in Argentina? much as 9.8 million tons of lithium resources in Argentina. The current Argentine government is mining friendly and favors foreign investment
A structural opportunity in a depressed market In an international context characterized by depressed lithium prices and a marked slowdown in the investment of new
Learn how to calculate lithium battery costs for solar power by comparing capacity, cycle life, efficiency, and real-world performance. Make smarter energy investment
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
Argentina serves as a notable example of these trends. This paper analyzes Chinese investments in Argentina''s lithium sector, focusing on the implications for the country''s
Our collaboration with Ganfeng Lithium continues to advance plans for Stage 2 and the regional development plan for the Pastos Grandes basin, which includes our Pastos Grandes and Sal
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
The Investment Tax Credit (ITC) and Modified Accelerated Cost Recovery System (MACRS) are national level incentives that can improve battery energy storage project economics.
Rio Tinto is on the shortlist to partner Chilean state miner Codelco on a new lithium project, and has expanded production plans for the battery metal at its plant in Argentina, CEO Jakob
Rio Tinto (ASX, NYSE: RIO) announced Thursday it will invest $2.5 billion to increase production capacity at its Rincon lithium project in Argentina to 60,000 tonnes per
Lithium production in Argentina rose 56 percent in July year-on-year; Officials confident of investment despite drop in prices of metal, eye production of 80,000 tonnes by late
Solaroz Lithium Brine Project Located within the Salar de Olaroz Basin in South America''s ''Lithium'' Triangle in north-west Argentina, the Solaroz Lithium Project (Solaroz) comprises
Argentina installs 307 MW of solar in 2024 Argentina installed 307 MW of solar in 2024, bringing its total PV capacity to 1.67 GW by year-end, according to energy market operator Cammesa.
In 2018, POSCO Holdings acquired the Hombre Muerto salt lake in Argentina in order to secure lithium preemptively, a key material for secondary battery electrode materials. The company is currently working on
Both projects are expanding their production capacity. The Cauchari-Olaroz plant is the latest to start production in Argentina. It is controlled by Minera Exar, a partnership between Ganfeng Lithium, which holds the majority stake, Canadian company Lithium Americas, and JEMSE.
Total lithium production of 2.8 million tons Reserves increased six times and price rose five times compared to 2018, the year of acquisition POSCO Holdings has started construction of a lithium commercialization plant in Argentina.
Domestic and global factors limit lithium industrialization in Argentina. Argentina faces the challenge of defining strategic planning for the lithium sector. Latin American countries, rich in key transition materials, have emerged as significant suppliers for China and key destinations for Chinese investment.
Potential challenges include cost overruns, delays in ramp-up, and technological hurdles. Despite these concerns, Rio Tinto remains confident in its ability to deliver on its commitments. The Rincon investment underscores Argentina’s potential as a global lithium powerhouse.
Rincon's capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the 3,000-tonne starter plant and 57,000-tonne expansion plant. The project consists of brine extraction using a production wellfield, processing and waste facilities, as well as associated infrastructure.
The Rincon Lithium Project – a large, low-cost lithium-brine asset located in the heart of the ‘lithium triangle’ in Argentina – will be a valuable source of rapidly produced, high-quality lithium for the global energy transition.
