Rio Tinto’s Rincón de Litio becomes Argentina’s first mining project approved under the RIGI incentives. Backed by a $2.7B investment, it will produce 60,000 tons of lithium annually in Salta.
A Chilean congressional committee has recommended annulling the Codelco–SQM lithium partnership, citing lack of transparency, disproportionate profit distribution, and fiscal risks that could cost the state over US$11 billion. The decision intensifies scrutiny of Chile’s flagship lithium policy.
Codelco and Rio Tinto will jointly develop a lithium project in Chile’s Salar de Maricunga, with investments of up to $900 million and a shared vision to deploy sustainable direct lithium extraction technologies.
Codelco and Rio Tinto are partnering to explore and develop the Nuevo Cobre district in Atacama, leveraging joint capabilities and focusing on sustainable regional growth.
The global mining industry has entered a transformative era in 2025, driven by the twin forces of resource scarcity and the green energy transition. From copper and lithium powering electric vehicles, to iron ore and coal still dominating industrial output in many regions, the world’s largest mining companies play a pivotal role in shaping the
Rio Tinto’s Chief of Copper, Clayton Walker, outlines the company’s ambitions to produce over 200,000 tonnes of copper annually, as it deepens its footprint in Chile through exploration and innovation.
Rio Tinto and Greenko founders’ new joint venture could bring a $7B green aluminium facility to India, powered entirely by renewables.