https://newsletter.en.creamermedia.com
electrification|Energy|Infrastructure|Mining|PROJECT|Resources|Sustainable|Waste|Waste Management|Infrastructure|Waste
electrification|Energy|Infrastructure|Mining|PROJECT|Resources|Sustainable|Waste|Waste Management|Infrastructure|Waste
electrification|energy|infrastructure|mining|project|resources|sustainable|waste-company|waste-management|infrastructure|waste

Rio Tinto unveils initial resources and reserves for Rincon

4th December 2024

By: Creamer Media Reporter

     

Font size: - +

Diversified mining company Rio Tinto on Wednesday announced initial mineral resources and ore reserves for its Salar del Rincon lithium brine deposits in Argentina.

The initial mineral resources at the site include 1.54-million tonnes of lithium carbonate equivalent (LCE) in measured resources, 7.85-million tonnes LCE in indicated resources, and 2.29-million tonnes LCE in inferred resources.

Further, the ore reserves consist of 2.07-milion tonnes LCE in probable ore reserves.

Rio Tinto holds 100% ownership of the project.

Located in the Salta province of northern Argentina, the Rincon project will involve brine extraction from a production wellfield, with the lithium brine being processed at an on-site facility. The project will also include waste management facilities and necessary infrastructure to support full-scale production.

According to Rio Tinto, the current feasibility study estimates that the full-scale operation will produce around 53 000 t/y of battery-grade lithium carbonate for an expected 40-year lifespan. However, the company plans to expand the production capacity to 60 000 t/y through future debottlenecking and improvement programmes, subject to the necessary permits.

The Rincon 3000 starter plant is scheduled for completion in the first half of 2025 and will serve as the foundation for future scaling of the project. With its large, long-life resource base, the Rincon project is expected to be one of the lowest-cost producers in the lithium sector, positioned in the first quartile of the cash cost curve.

The project is a key part of Rio Tinto’s strategy to secure a sustainable supply of essential minerals needed for the growing electric vehicle (EV) market and the broader transition to clean energy technologies. Lithium, a critical component in EV batteries, has become a focal point for mining companies looking to meet the rapidly increasing demand from the global shift toward electrification.

 

Edited by Creamer Media Reporter

Comments

 

Latest News

SAPVIA CEO Dr Rethabile Melamu
South Africa PV capacity increases 12% in 2024
20th December 2024 By: Schalk Burger

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.194 0.292s - 192pq - 2rq
Subscribe Now