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   Finding better ways to provide the materials the world needs
   
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RINCON LITHIUM PROJECT


FINDING BETTER WAYS TO DELIVER CRITICAL MINERALS WHILE CREATING VALUE IN
ARGENTINA BY BUILDING A SUSTAINABLE BUSINESS WE ARE PROUD OF

Read more


HOW WE DELIVERED VALUE IN 2023


1.5M HOURS DEVELOPING OUR PEOPLE

People


$84M IN VOLUNTARY SOCIAL INVESTMENT

Communities


32.6MT CO2E SCOPE 1 & 2 GHG EMISSIONS

Environment


$4.6B IN CORPORATE TAX PAID

Government


435 CENTS IN TOTAL DIVIDENDS DECLARED TO SHAREHOLDERS

Investors


1,900 ACROSS MULTIPLE INDUSTRIES

Customers



 * 


LOCAL CONTENT: JOB CREATION, SKILLS AND LOCAL BUSINESS DEVELOPMENT



“Rincon strengthens our battery materials business and positions Rio Tinto to
give response to the growing demand for lithium over the next decade, at a time
when supply is constrained.

We are working with local communities, the Province of Salta and the Government
of Argentina as we develop this project to the highest ESG standards.” (Rio
Tinto Chief Executive Jakob Stausholm) The direct lithium extraction technology
proposed for the project has the potential to significantly increase lithium
recoveries as compared to solar evaporation ponds.

A pilot plant is currently running at the site and further work will focus on
continuing to optimize the process and recoveries. On-site pilot plant has
successfully proven the economic validity and scalability of the extraction
process, with a low-cost process technology, which takes just 24 hours to obtain
lithium.

 * 


RINCON LITHIUM AND THE FUTURE OF THE LITHIUM



Lithium is an essential ingredient in lithium-ion batteries for hybrid and
electric cars, as well as rechargeable power for laptops, phones and other
devices. It is the lightest of all metals, making it well suited for use in
everything from pacemakers to jets.

Lithium is considered a critical mineral and an essential material for a
low-carbon future where we'll need more and bigger batteries. That means we'll
also need huge amounts of minerals like lithium, which is a primary ingredient
in battery technologies. In early 2022, Rio Tinto completed the acquisition of
our Rincon project—a large, undeveloped lithium-brine project located in the
heart of the “lithium triangle” in Argentina. A long-life, scalable resource
capable of producing battery-grade lithium carbonate from raw brine, the project
will help the company deliver this vital material to the global energy industry
while meeting it’s commitment to decarbonize all the operations by 2050.

In December 2023, Salta Province approves socio-environmental permit, allowing
us to prepare for our Battery-grade lithium carbonate plant with a capacity of
3,000 tonnes per year.


LATEST MEDIA RELEASES

09 February 2024


AUSTRALIA’S LEADING IRON ORE PRODUCERS PARTNER WITH BLUESCOPE ON STEEL
DECARBONISATION

PERTH, Australia--(BUSINESS WIRE)-- Australia’s two largest iron ore producers
and its biggest steelmaker have partnered in their efforts to accelerate the
decarbonisation of steelmaking by agreeing to jointly investigate the
development of the country’s first ironmaking Electric Smelting Furnace1 (ESF)
pilot plant. This press release features multimedia. View the full release here:
https://w


26 January 2024


SOKHULU AND RBM AGREE TO IMPLEMENT TRUST REFORM AND SUPPORT LONG-TERM COMMUNITY
BENEFIT

Established in 2009, community trusts were developed to deliver broad based
benefit for host communities. RBM will provide immediate funding to the Sokhulu
Trusts to enable it to continue funding programs in support of education and
skills training.RICHARDS BAY, South Africa -- Richards Bay Minerals (RBM) and
the Sokhulu community trusts have reached an agreement to revise the existing
commun


25 January 2024


RIO TINTO STATEMENT – UPDATE ON FORT SMITH PLANE CRASH

YELLOWKNIFE, Canada--(BUSINESS WIRE)-- We have been informed by authorities that
four team members from our Diavik diamond mine and two airline crew members have
died in a plane crash near Fort Smith, Northwest Territories, Canada. Another
member of our Diavik team survived the crash and received treatment in hospital.
The charter flight was on its way to Diavik. Rio Tinto Chief Executive Ja


See all releases
 * 


TRENDING TOPICS



Find out the latest on key business and industry topics

Fort Smith statement All Trending Topics


LATEST STORIES


SALT OF THE EARTH

A cross-country move has revealed unexpected leadership opportunities.





PARTNERSHIPS IN ASIA FOR GLOBAL IMPACT

Working together to deliver decarbonisation, social support and commercial
innovation





AUTOMATING AUSTRALIA’S PLACE IN SPACE

Meet the engineer using mining automation technology in Space for astronomical
benefits on Earth


View all stories


WE'RE FINDING BETTER WAYS TO PROVIDE THE MATERIALS THE WORLD NEEDS

For 150 years we’ve been looking for new and better ways of doing things. You'll
find our teams around the world working to reduce our carbon footprint,
partnering to develop new technologies to decarbonise steel and aluminium
production, and creating new products from waste.

Purpose and values
About us


SHARE PRICE AND TOOLS

Get up to date shareholder information and access to a range of tools for
investors.

Useful links
 * Financial Calendar
 * Production
 * Reports
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£ LSE

52,30. -3.6478%

$ ASX

128,04. -2.2297%

$ ADR NYSE

66,05. -4.4416%

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JOIN RIO TINTO



At Rio Tinto, you’ll find a home for curious people who care about their work
and colleagues, are courageous about finding better ways to do things, and are
empowered to adapt quickly to solve problems and meet opportunities.

Careers Available jobs


MORE ABOUT WHAT WE DO

We are finding new ways to restore old mines, advancing new technologies to
improve the traceability of our products, and contributing to circular value
chains by creating useful materials from waste.


INNOVATION

Finding better ways to do things is in our DNA


PRODUCTS

We supply the metals and minerals used to help the world grow and decarbonise


SUSTAINABILITY

Providing materials the world needs in a responsible way


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Finding better ways to provide the materials the world needs

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