From Yahoo Finance: 2025-05-25 07:29:00

Rio Tinto Group is the preferred partner for Chile’s Salares Altoandinos lithium project, acquiring a 51% stake. CEO Jakob Stausholm sees potential for a world-class lithium development, supporting Chile’s mineral production. The deal is subject to regulatory approvals, with Rio Tinto advancing feasibility studies for final investment decisions.

Rio Tinto Group (NYSE:RIO) expands its lithium interests by partnering with Empresa Nacional de Minería in Chile. The deal includes acquiring a majority stake in the Salares Altoandinos project. CEO Jakob Stausholm highlights the project’s potential and Rio Tinto’s commitment to supporting Chile’s mineral production for the energy transition.

Read more: Rio Tinto Confirmed as Preferred Partner for the Salares Altoandinos Lithium Project in Chile