Rio Tinto/Lithium Americas deal

By Simon Moores
Published: Wednesday, 16 September 2009

Rio Tinto grants rights to mine subsurface lithium & borates in Argentina

Lithium Americas Corp. (LAC) has struck a deal with Rio Tinto Plc to develop its lithium-potash resources from the Cauchari salt lake in Jujuy province, Argentina.

The deal with Rio Tinto subsidiary, Borax Argentina SA, allows LAC to extract subsurface lithium and borates brine while Borax Argentina will continue mining...

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